Suburb Profile Report for Brooklyn Park SA (5032)

Brooklyn Park House: Median price $505,000, Annual capital growth 4.93%, Number of sales 73, Weekly median advertised rent $365

Brooklyn Park Unit: Median price $239,000, Annual capital growth 2.20%, Number of sales 45, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.22% which means that Brooklyn Park, 5032 has done well for property investors by showing a capital gain of 6.77% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brooklyn Park has increased when compared to the 5 year average annual rate.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Brooklyn Park itself are offering an average vendor discount of -6.48% to real estate investors.

With the median price for a house in Brooklyn Park being $505000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 3.76%

Property investors who have had real estate in Brooklyn Park, 5032 should be relatively unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.40%

The five-year average increase in median property values for Brooklyn Park,5032 has given property investors a potential capital gain of -13.05% across each of those five years.

Property investors looking for a bargain in Brooklyn Park should be aiming for at least -8.64% off the asking price, which is the average vendor discount being achieved at the moment.

The SA suburb of Brooklyn Park, 5032 is in the West Torrens local government area.

HOUSE UNIT
$505,000 $239,000
5.21% -1.44%
6.77% -4.40%
4.93% 2.20%
$365 $275
73 45
3.76% 5.98%
70.34 89.52

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4514
Median household income ($/weekly) 923
Median age of persons 36
Median housing loan repayment ($/monthly) 1517
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 409 9.1
    25-34 years 901 20.0
    35-44 years 628 13.9
    45-54 years 590 13.1
    55-64 years 405 9.0
    Others 1581 35.0
    Age Group
    Census Count Percent(%)
    Not Married 1786 50.8
    Registered Married 1420 40.4
    Defacto Relationship 311 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2648 62.8
    Indonesia 254 6.0
    Japan 161 3.8
    United Kingdom 153 3.6
    Other 340 8.1
    Others 659 15.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 136 3.4
    Christianity 2541 62.9
    Hinduism 135 3.3
    Islam 173 4.3
    No Religion 921 22.8
    Others 132 3.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 178 9.9
    $400-$599 222 12.4
    $600-$799 224 12.5
    $800-$999 182 10.1
    $1,500-$1,999 220 12.3
    Others 769 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1307 36.0
    Not in the labour force 1277 35.2
    Employed, worked part-time 744 20.5
    Unemployed, looking for work 178 4.9
    Employed, away from work 120 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 399 18.4
    Technicians & trades workers 310 14.3
    Community & personal service workers 255 11.8
    Clerical & administrative workers 345 15.9
    Sales 251 11.6
    Others 610 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 58 5.6
    Infants/Primary 284 27.5
    Secondary 189 18.3
    Technical or Further Educational Institution 150 14.5
    University or other Tertiary Institutions 303 29.3
    Others 49 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2736 65.5
    Flat, unit or apartment 1252 30.0
    Semi-detached, row or terrace house, townhouse 188 4.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 767 40.8
    Fully owned 567 30.2
    Being purchased 519 27.6
    Other tenure type 26 1.4
    Tenure Type
Census 2011, ABS
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