Suburb Profile Report for Brookfield VIC (3338)

Brookfield House: Median price $375,000, Annual capital growth 2.94%, Number of sales 248, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

With a capital gain of 7.14% for the last 12 months, Brookfield, 3338 has performed for property investments than its average annual 2.94% property growth over the last 5 years.

Brookfield,3338 was ranked 1784 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Brookfield should be aiming for at least -4.13% off the asking price, which is the average vendor discount being achieved at the moment.

The VIC suburb of Brookfield, 3338 is in the Melton local government area.

Metrics i HOUSE UNIT
$375,000 N/A
2.18% N/A
7.14% N/A
2.94% N/A
$340 N/A
248 N/A
4.71% N/A
53.13 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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