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Investment Property Brooklyn, VIC, 3012

Suburb Snapshot

Brooklyn is a suburb in the Brimbank Region of Victoria. Brooklyn has a population of 1,855 people and 36.65% of its occupants live in rental accommodation. The median listing price for houses is $780,000 and this has changed 20.00% over the past year and changed 19.08% over 2 years.

The median rent in Brooklyn for houses is $505 per week and the median rental yield is 3.36%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 134 days.The median listing price for units is $490,000 and this has changed -10.91% over the past year. The average unit takes NA days to sell and the median rent for a unit in Brooklyn is $400 per week, producing a rental yield of 4.24%.

Supply & Demand in Brooklyn, Brimbank

1.26%

Current vacancy rate


15

Rental stock available


1,855

Population


36.65%

Rental population


0.69%

Current vacancy rate


530

Rental stock available


194,317

Population


23.53%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Brooklyn, Brimbank

  House Townhouses Units
Median listing price $780,000 $620,000 $490,000
Median price change - last quarter 0.00% 0.00% -4.86%
Median price change - 1 year 20.00% 4.20% -10.91%
Median price change - 2 years 19.08% 4.20% -10.91%
  House Townhouses Units
Median weekly rent $505 $550 $400
Median yield % 3.36% 4.61% 4.24%
Median rent change - 1 year 7.44% 13.40% 6.66%
  House Units
Previous month sales 4 1
Stock on market previous month 22 1
Stock variance vs. last year 0.00% -88.89%
Average days on market 134 NA

Brooklyn investment property listings

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