BROOKVALE, 2100 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in NSW have risen as a whole, pulling BROOKVALE, 2100 values up and netting property investors a capital gain of 11.5% for the past year.
Investors saw the median home price rise to $1,600,000.
Profits due to an upward trend in home prices in the suburb averaged 16.05% per annum over a 3-year period.
BROOKVALE now ranks at the 478th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in BROOKVALE are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $785 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BROOKVALE, homes and units usually stay on listing for an average of 0.0 days.
In 2016, 16 properties were sold in BROOKVALE during the past year, making it the 1058th most active market in NSW based on total real estate transactions.
BROOKVALE ranks 121st in NSW when it comes to estimated capital gains experienced by property investors over the past three years.
BROOKVALE, 2100 has a capital gain of 38.17% for the past year, which is higher than average compared to its 46.44% growth within a five-year period.
BROOKVALE, 2100 ranks 13th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 38.17% for property investors last year.
With the median home price in BROOKVALE sitting at $760,000, and the average rent at $550, property owners could potentially earn a 3.76% increase in gross rental yield.
Property investors have seen a 19.5% gain in BROOKVALE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BROOKVALE, 2100 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 38.17%.
A survey of average capital gains or median home price increase in suburbs across the country shows that BROOKVALE, 2100 obtained a 6.11% growth over a ten-year period. It ranks 509th on our list of suburbs that property investors should look into.