If you compare the increase in value of investment property in Brookfield, 4069 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.97%.
When looking at the potential capital gains offered to property investors over the last 3 years, Brookfield comes in at number 575th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Brookfield itself are offering an average vendor discount of -8.26% to real estate investors.
Often selling an investment property can take time, and in Brookfield the average time real estate has been on the market is 107.75 days.
A $720 per week rent on the median house gives suburb investors a gross yield of circa 4.00%, without taking into account capital value appreciation, which has been averaging out at 2.67%.