If you compare the increase in value of investment property in Brookvale, 2100 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.75%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brookvale has increased when compared to the 5 year average annual rate.
At number 40th of NSW’s most discounted properties, Brookvale is in the bottom 10% of the state/territory when listing in order of most discounted to least.
A $750 per week rent on the median house gives suburb investors a gross yield of circa 2.72%, without taking into account capital value appreciation, which has been averaging out at 9.24%.
Over the last year, property investments in Brookvale, 2100 have given investors a capital gain of 26.88%. This compares very favourably with the 5.73% for NSW as a whole.
Over the longer term, Brookvale has seen property prices show investors a 10.54% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Brookvale 2100 should be seeing an average reduction in asking price of around -3.06% . This means that Brookvale is holding prices well when compared to other suburbs in NSW.
At number 59 in a list of fastest selling suburbs, Brookvale is in the TOP 10% of suburbs in Australia with an average of days on market 36.21 for properties listed there.
Brookvale, 2100’s gross rental yield is 4.94%