Broadford VIC 3658

Here you can find what you need to know about Broadford, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$405k Median Sale Price (National Average $485k) 528th In VIC
8.72% Median Price Change (1 yr) (National Average 4.30%) 136th In VIC
$340pw Median Rent (National Average $395) 500th In VIC
4.4% Median Gross Yield (National Average 4.24%) 141st In VIC
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Properties sold 80
Average discounting -4.80%
Average Days on Market 47
Stock on Market 20 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Broadford, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Broadford, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Broadford, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Broadford


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State Auction Clearance Rates - September 2019

Auctions Clearance rate
VIC 712 75%
ACT 46 76%
NSW 474 76%
NT 4 75%
QLD 133 44%
SA 49 61%
TAS 1 100%
WA 5 60%

Local Schools


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Suburb Information

Broadford, VIC 3658

Part of: Mitchell Council No data available

The size of Broadford is approximately 105.8 square kilometres. It has 5 parks covering nearly 0.2% of total area. The population of Broadford in 2011 was 4,174 people. By 2016 the population was 4,335 showing a population growth of 3.9% in the area during that time. The predominant age group in Broadford is 50-59 years. Households in Broadford are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broadford work in a trades occupation. In 2011, 78.1% of the homes in Broadford were owner-occupied compared with 75.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Broadford

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Broadford   for Houses in last 12 months


There have been 80 Houses sold in Broadford in the past 12 months with a median sale price of $405K, up 8.72% annually. It takes on average 47 days to sell with vendor discounting of -4.8%.

Streets in Broadford


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