Brockman

POSTAL CODE: WA, 6701

HOUSE

BROCKMAN, 6701 ranks 345th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.58% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $348,500.

The downward trend in home prices in BROCKMAN, 6701 averaged -0.56% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 8.21% increase in returns based on the current median price in BROCKMAN.

An average of 2.17 real estate transactions take place per month in BROCKMAN which translates to 26 per annum.

26 properties were sold in BROCKMAN in 2016, making it the 272nd most active market in WA based on total real estate transactions.

BROCKMAN, 6701 places 69th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$348,500	N/A
Growth Report
Median Quarterly	8.06%	N/A
Median 12 month	23.58%	N/A
Median 3 years	-1.69%	N/A
Median 5 years	48.3%	N/A
10 years average annual	10.14%	N/A
Weekly media advert. rent	$550	N/A
Time on Market	121.4 days	N/A
Gross Rental Yield Percent	8.21%	N/A

Demographics (Median Values)*

Total Population 5544

Weekly Household Income 1258

Household Size 2.40

Average Age 39

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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