Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $283,000 | 0.0% | $135,000 | $575,000 | 62 |
| 2010 | $345,000 | +18.0% | $172,500 | $2,003,800 | 151 |
| 2011 | $335,000 | -3.0% | $232,000 | $876,000 | 70 |
| 2012 | $322,000 | -4.0% | $140,000 | $765,000 | 126 |
| 2013 | $328,500 | +2.0% | $210,000 | $575,000 | 116 |
| 2014 | $335,000 | +1.9% | $215,000 | $680,000 | 133 |
| 2015 | $335,000 | 0.0% | $1,000 | $1,010,002 | 139 |
| 2016 | $345,000 | +2.9% | $259,000 | $715,500 | 198 |
| 2017 | $423,000 | +18.4% | $285,000 | $1,400,000 | 248 |
| 2018 | $490,000 | +13.7% | $365,000 | $1,100,000 | 167 |
| 2019 | $445,000 | -10.1% | $350,000 | $1,225,000 | 144 |
| 2020 | $490,000 | +9.2% | $355,000 | $970,000 | 134 |
| 2021 | $542,600 | +9.7% | $320,000 | $1,289,000 | 219 |
| 2022 | $580,000 | +6.4% | $240,000 | $1,810,999 | 187 |
| 2023 | $555,000 | -4.5% | $430,000 | $1,450,000 | 177 |
| 2024 | $575,000 | +3.5% | $450,000 | $1,235,000 | 56 |
Median Sale Price
$562K
Based on 183 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-1.4%
Current Median Price: $562,000
Previous Median Price: $570,000
Based on 352 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $300 | 0.0% | $199 | $595 | 262 |
| 2012 | $290 | -3.4% | $220 | $475 | 222 |
| 2013 | $295 | +1.7% | $240 | $410 | 224 |
| 2014 | $310 | +4.8% | $230 | $495 | 173 |
| 2015 | $325 | +4.6% | $240 | $1,694 | 268 |
| 2016 | $330 | +1.5% | $270 | $650 | 253 |
| 2017 | $350 | +5.7% | $250 | $450 | 268 |
| 2018 | $350 | 0.0% | $280 | $580 | 197 |
| 2019 | $350 | 0.0% | $300 | $500 | 213 |
| 2020 | $350 | 0.0% | $300 | $700 | 171 |
| 2021 | $360 | +2.8% | $310 | $1,738 | 168 |
| 2022 | $375 | +4.0% | $300 | $650 | 185 |
| 2023 | $420 | +10.7% | $310 | $800 | 171 |
| 2024 | $445 | +5.6% | $390 | $580 | 55 |
Median Rent Price
$430
per week
Based on 172 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+11.6%
Current Median Rent: $430
Previous Median Rent: $380
Based on 358 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $562,000
Current Median rent: $430
Based on 355 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Brookfield
Houses sold in Last 12 months ends 20 Apr 2024
$561K
Median Sale Price
91%
Clearance Rate
20/22
Sold/Reported
$805K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 1 | |
| $600 K - $800 K | 6 | |
| $400 K - $600 K (Median Price Range) | 13 | |
Similar Suburbs to Brookfield 3338
Based on median house sale price sold in last 12 months
Schools closest to Brookfield, VIC 3338
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Melton Christian College | 152-156 BROOKLYN ROADMelton South 3338 | Combined | Independent | 1.73 km |
| Melton West Primary School | 4 WESTMELTON DRIVEMelton 3337 | Primary | Government | 2.01 km |