Suburb Profile Report for Brookvale NSW (2100)

Brookvale Unit: Median price $505,000, Annual capital growth 1.34%, Number of sales 133, Weekly median advertised rent $565

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • Unit Report
  • Expert Report

NSW has seen average median house prices change by 8.63% which means that Brookvale, 2100 has done well for property investors by showing a capital gain of -9.82% over the last year

Brookvale,2100 has offered an average of -9.82% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brookvale, 2100. Typically our figures indicate that -2.75% is being offered, which puts this NSW suburb at 1306th most discounted overall in Australia.

Situated 9.42km from the CBD, Brookvale is one of Warringah localities in the postcode 2100.

Information supplied by:


June 2017

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As one of the high-demand suburbs in the Northern Beaches region, Brookvale is continuing a strong streak of drawing interest in recent years.Full summary

Investors eye units in business hub

Median unit price: $590,000

Three-year growth: 10.54%

Rental yield: 4.94%

As one of the suburbs in the Northern Beaches region, Brookvale is continuing a strong streak of drawing interest in recent years.

The suburb has logged nearly 30% growth over the past 12 months alone, taking the median unit price to just under $600,000. However, although apartment values are high, the benefits for investors could outweigh this cost since the average weekly rent rate comes in at $560 and returns are strong at almost 5%.

Moreover, there’s definitely demand driving competition in the suburb, as vendors unload units in a short period of time at a discount rate of just 3%. This demand is likely inspired by Brookvale’s proximity to Sydney (just 16km northeast) and its status as a major industrial hub

Close
Metrics i HOUSE UNIT
N/A $505,000
N/A -9.82%
N/A -9.82%
N/A 1.34%
N/A $565
N/A 133
N/A 5.82%
N/A 29.5

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 2588
Median household income ($/weekly) 1451
Median age of persons 36
Median housing loan repayment ($/monthly) 2600
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 216 8.3
    25-34 years 544 21.0
    35-44 years 447 17.3
    45-54 years 364 14.1
    55-64 years 229 8.8
    Others 788 30.4
    Age Group
    Census Count Percent(%)
    Not Married 908 47.5
    Registered Married 737 38.5
    Defacto Relationship 267 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1392 58.0
    Japan 103 4.3
    Papua New Guinea 99 4.1
    United Kingdom 177 7.4
    Other 187 7.8
    Others 443 18.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 2.9
    Christianity 1586 68.0
    Hinduism 45 1.9
    Islam 35 1.5
    No Religion 584 25.0
    Others 15 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 83 9.0
    $1,250-$1,499 73 7.9
    $1,500-$1,999 127 13.8
    $2,000-$2,499 107 11.6
    $2,500-$2,999 97 10.5
    Others 435 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1004 49.0
    Not in the labour force 570 27.8
    Employed, worked part-time 329 16.1
    Unemployed, looking for work 74 3.6
    Employed, away from work 71 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 202 14.4
    Professionals 299 21.3
    Technicians & trades workers 193 13.7
    Clerical & administrative workers 229 16.3
    Sales 138 9.8
    Others 346 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 50 9.8
    Infants/Primary 125 24.5
    Secondary 117 22.9
    Technical or Further Educational Institution 77 15.1
    University or other Tertiary Institutions 119 23.3
    Others 22 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 894 38.8
    Separate house 789 34.2
    Semi-detached, row or terrace house, townhouse 593 25.7
    House or flat attached to a shop, office 29 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 424 43.2
    Being purchased 346 35.2
    Fully owned 204 20.8
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals