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Brookvale Suburb Insights

VIC
Location Information

Suburb Name

Brookvale, VIC

Distance from CBD

12.7 km
Demographics

Population

3,161

Median Income

$47,320

Area Information

Area

2.2 km²

Population Density

1437 people/km²

Property Market

Median Price

$1,054,763

Annual Growth

+6.9%
Property Price Trend Analysis

Current Median Price

$1,054,763

Annual Growth

+6.9%

Quarterly Growth

+4%

Price Trends - Last 6 Months

2024-01

$358,233

+8.1%
2024-02

$991,763

+11%
2024-03

$608,826

+14.8%
2024-04

$400,732

+12.4%
2024-05

$1,177,966

+9.2%
2024-06

$449,199

+10.3%
Property Type Price Analysis
House

Median Price

$1,189,519

Growth Rate

+6%

Available Listings

199 properties

Apartment

Median Price

$582,497

Growth Rate

+15.9%

Available Listings

680 properties

Townhouse

Median Price

$824,802

Growth Rate

+11.8%

Available Listings

178 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy