Brookvale

POSTAL CODE: NSW, 2100
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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 12.09% for the past year.

Investors saw the median home price rise to $2,410,000.

Profits due to an downward trend in home prices in the suburb averaged -1.2% per annum over a 3-year period.

BROOKVALE now ranks at the 449th 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 $800 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 N/A.

In 2016, 17 properties were sold in BROOKVALE during the past year, making it the 1043rd most active market in NSW based on total real estate transactions.

Surburb overview

Brookvale, located 16 kilometres north-east of Sydney's central business district, falls under the jurisdiction of the Northern Beaches Council. As per the 2021 Census, the suburb had a population of 3,389 residents. The median age was 36 years, with 53.7% of the population born in Australia. Significant communities from England, Italy, New Zealand, the Philippines, and China also reside in the area.

Public transportation in Brookvale is mainly by bus. The B-Line bus service provides express routes to the Sydney CBD, with a typical journey time of approximately 17 minutes. Additional bus routes connect Brookvale to neighbouring suburbs, enhancing its accessibility.

Essential establishments in Brookvale include the Westfield Warringah Mall, a major shopping centre offering a variety of retail and dining options. The suburb also hosts educational institutions, including Brookvale Public School, St Augustine's College, and a TAFE NSW campus specialising in various vocational courses.

Recreational activities are abundant in Brookvale. Brookvale Oval serves as the home ground for the Manly-Warringah Sea Eagles rugby league team and accommodates up to 23,000 spectators. For leisure and entertainment, residents can visit venues such as Kiss My Axe, an axe-throwing facility, and Bucketty's Brewery, renowned for its locally brewed beers.

Brookvale's blend of residential, commercial, and recreational spaces contributes to its dynamic character within the Northern Beaches region.

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