Brooklyn has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.47% to date .
Across a shorter period, Brooklyn, 3012 has seen a median price increase of 0.37% over the last quarter.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.08%, without taking into account capital value appreciation, which has been averaging out at 4.56%.
Property investors who have had real estate in Brooklyn, 3012 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.02%
Brooklyn,3012 has offered an average of 14.02% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
Renters in Suburb are facing rents around $21060 per annum or $405 every week.