Suburb Profile Report for Brookfield VIC (3338)

Brookfield House: Median price $352,500, Annual capital growth 3.79%, Number of sales 203, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report

Brookfield is in the bottom 30% in VIC when comparing median price capital growth over the last year. Brookfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.68%.

Across a shorter period, Brookfield, 3338 has seen a median price increase of -0.14% over the last quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Brookfield itself are offering an average vendor discount of -4.29% to real estate investors.

Brookfield, 3338’s gross rental yield is 4.94%

HOUSE UNIT
$352,500 N/A
-0.14% N/A
3.68% N/A
3.79% N/A
$335 N/A
203 N/A
4.94% N/A
78.09 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 6104
Median household income ($/weekly) 1377
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 859 14.1
    25-34 years 1060 17.4
    35-44 years 821 13.5
    45-54 years 730 12.0
    55-64 years 588 9.6
    Others 2046 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 2198 50.7
    Not Married 1628 37.6
    Defacto Relationship 508 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4409 76.1
    Indonesia 123 2.1
    Papua New Guinea 154 2.7
    United Kingdom 299 5.2
    Other 247 4.3
    Others 564 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 1.6
    Christianity 3868 70.2
    Hinduism 86 1.6
    Islam 98 1.8
    No Religion 1312 23.8
    Others 59 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 172 9.7
    $1,000-$1,249 171 9.7
    $1,250-$1,499 184 10.4
    $1,500-$1,999 291 16.4
    $2,000-$2,499 228 12.9
    Others 726 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1938 43.2
    Not in the labour force 1389 31.0
    Employed, worked part-time 792 17.7
    Employed, away from work 184 4.1
    Unemployed, looking for work 178 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 351 12.0
    Technicians & trades workers 528 18.1
    Clerical & administrative workers 508 17.4
    Sales 296 10.2
    Machinery operators & drivers 315 10.8
    Others 917 31.5
    Occupation
    Census Count Percent(%)
    Pre-school 86 6.3
    Infants/Primary 523 38.3
    Secondary 407 29.8
    Technical or Further Educational Institution 120 8.8
    University or other Tertiary Institutions 156 11.4
    Others 73 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5443 94.3
    Semi-detached, row or terrace house, townhouse 284 4.9
    Flat, unit or apartment 46 0.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 989 51.2
    Fully owned 511 26.5
    Rented 415 21.5
    Other tenure type 16 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals