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Brooklyn

POSTAL CODE: TAS, 7320
HOUSE

Property investors enjoyed capital gains of 39.22% over the last 12 months in BROOKLYN, translating to lower returns compared with its peers in TAS.

Figures from the previous quarter show that capital gains for real estate buyers in BROOKLYN are low, as opposed to average gains per annum over the past five years.

The suburb posted a 30.52% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BROOKLYN.

BROOKLYN, 7320 ranks 3rd in TAS in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 131st on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

Surburb overview

Brooklyn, with the postcode 7320, is a suburb located approximately 3 kilometres south of Burnie’s central business district in Tasmania. Known for its residential character and proximity to both urban amenities and natural attractions, Brooklyn is a desirable location for families, professionals, and retirees. The population of Brooklyn is around 1,000 residents, comprising a mix of families, young professionals, and older adults, contributing to a balanced and diverse community.

Brooklyn falls under the jurisdiction of the City of Burnie, which ensures well-maintained infrastructure and community services. Public transportation is available with Metro Tasmania buses providing regular services to Burnie’s CBD and surrounding areas, making commuting convenient for residents. The suburb's location also allows easy access to major roads, facilitating travel by car.

Educational facilities in Brooklyn include the nearby Burnie Primary School and Burnie High School, catering to the educational needs of families with children. For higher education, residents have access to the TasTAFE Burnie Campus and the Cradle Coast Campus of the University of Tasmania, both located in Burnie.

For shopping and essential services, Brooklyn residents often visit the nearby Burnie CBD, which offers a variety of retail stores, supermarkets, dining options, and entertainment facilities. The Upper Burnie Shopping Centre is another convenient option, providing a range of essential services and local shops.

Brooklyn offers several recreational activities, with parks and green spaces enhancing the suburb’s appeal. The Brooklyn Park Reserve is a popular local spot featuring playgrounds, picnic areas, and walking trails, making it ideal for family outings and outdoor activities. Additionally, the nearby Burnie Park and Emu Valley Rhododendron Garden offer further opportunities for leisure and nature appreciation.

The suburb's proximity to the coast provides residents with easy access to Burnie’s beautiful beaches, such as West Beach and South Beach, which are perfect for swimming, sunbathing, and coastal walks. The Burnie Waterfront is also a hub of activity, featuring cafes, restaurants, and scenic views of the Bass Strait.

Brooklyn’s location allows residents to enjoy the cultural and recreational attractions of Burnie, including the Burnie Regional Art Gallery, the Burnie Arts and Function Centre, and the Makers’ Workshop. These venues offer a range of cultural experiences, from art exhibitions to live performances and community events.

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