Brooklyn has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.90% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brooklyn has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Brooklyn is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 372th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Brooklyn the average time real estate has been on the market is 55.91 days.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Giving property investors a a stable capital gain of 10.47% for the last year, Brooklyn, 3012 is the 414th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Brooklyn has given property investors a paper return of 1.06%. This puts Suburb as 129 on a list of fastest fasting appreciating suburbs in VIC
Brooklyn3012 is located in VIC which offers an average discount of -5.27% to property investors. Brooklyn itself is showing figures that indicate -4.66% is the average achievable by property buyers investing in the suburb.
In the last year 30 properties changed hands in Brooklyn, which puts it as the 250th most active market in VIC when comparing the number of sales per suburb.
The VIC suburb of Brooklyn, 3012 is in the Brimbank local government area.