Property investors who have had real estate in Brooklyn Park, 5032 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.05%
Taking the average capital gain, or increase in median house value, Brooklyn Park,5032 has racked up an average of 5.05% over the period. This ranks it number 3020th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brooklyn Park, 5032. Typically our figures indicate that -7.53% is being offered, which puts this SA suburb at 780th most discounted overall in Australia.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 3.44%, investors should hope to achieve an overall return of 3.85%
At number 1071th in the list of Australian suburbs ordered by increase in median house value over the last year, Brooklyn Park, 5032 is in the BOTTOM 40% with a property value increase of 0.59% recorded in median house prices.
If we look at median property appreciation over just the last three months, Brooklyn Park has given property investors a paper return of 0.59%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Brooklyn Park should be aiming for at least -7.30% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 42 properties changed hands in Brooklyn Park, which puts it as the 45th most active market in SA when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3330 per annum or $277.5 every week.