Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
The suburb’s capital gain of 31.25% for the past year is higher than average compared to its 90.91% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in BROOKLYN, the median home price is sitting at $1,050,000, and the average rent at $597.5, this suggests property owners could potentially earn a 2.96% increase in gross rental yield.
Property investors have seen a -2.78% drop in BROOKLYN based on a decrease in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BROOKLYN, 2083 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 31.25%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 12.46% growth over a ten-year period. It ranks 3097th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,050,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.78% | N/A |
| Median 12 month | 31.25% | N/A |
| Median 3 years | 25% | N/A |
| Median 5 years | 90.91% | N/A |
| 10 years average annual | 12.46% | N/A |
| Weekly media advert. rent | $597.5 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 2.96% | N/A |
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