Property value increases in Brookvale have tracked higher than the NSW average of 6.87% over the last 12 months.
Over the longer term, Brookvale has seen property prices show investors a 54.30% return over the last 3 years. This is worse than over the last 12 months
At number 42th 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.
Often selling an investment property can take time, and in Brookvale the average time real estate has been on the market is 78.41 days.
Using the current median advertised rental of $725 and the average annual increase in value of a median property of 9.34%, investors should hope to achieve an overall return of 2.63%
Property value increases in Brookvale have tracked just higher than the NSW average of 5.41% over the last 12 months.
Across a shorter period, Brookvale, 2100 has seen a median price increase of 2.23% over the last quarter.
Sellers are offering property buyers an average discount of -3.10% to buyers in Brookvale at the moment, which is less than average for the rest of NSW.
Renters in Suburb are facing rents around $6720 per annum or $560 every week.