Auction Times
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 7 Lam Way 4 2 2 House | 1:00 PM Sat 30th Nov | Reliance Real Estate Melton |
Sun 1 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 50 Faircroft Drive 3 2 2 House | 1:00 PM Sun 1st Dec | VICPROP |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $612,000 | 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 | $579,000 | +6.3% | $240,000 | $1,810,999 | 187 |
| 2023 | $555,000 | -4.3% | $430,000 | $1,450,000 | 177 |
| 2024 | $555,000 | 0.0% | $450,000 | $1,385,000 | 194 |
Median Sale Price
$555K
Based on 205 recorded sales within the last 12 months
Updated on 23 Nov 2024
Suburb Growth
+0.9%
Current Median Price: $555,000
Previous Median Price: $550,000
Based on 383 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 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 | $355 | +1.4% | $300 | $700 | 171 |
| 2021 | $360 | +1.4% | $310 | $1,738 | 168 |
| 2022 | $375 | +4.0% | $300 | $650 | 186 |
| 2023 | $420 | +10.7% | $310 | $800 | 171 |
| 2024 | $450 | +6.7% | $370 | $700 | 175 |
Median Rent Price
$450
per week
Based on 201 recorded rent within the last 12 months
Updated on 23 Nov 2024
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 370 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.2%
Current Median Price: $555,000
Current Median rent: $450
Based on 406 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Brookfield
Houses sold in Last 12 months ends 16 Nov 2024
$620K
Median Sale Price
31%
Clearance Rate
4/13
Sold/Reported
$658K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 2 | |
| $400 K - $600 K | 1 | |
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 |