Located in New South Wales within the Coffs Harbour local government area, Brooklana is a quiet locality (postcode 2450). It is home to about 42 residents, with a predominantly older resident base and a median age of 57. Households earn a median income of $62K per year, with an average household size of 1.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, labourers. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Brooklana is $270,000, broadly unchanged over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 11.6%. The median monthly mortgage repayment is $1,184.
The crime rate in the Coffs Harbour LGA is moderate at 5,038 incidents per 100,000 population.
Looking at the investment signals, Brooklana shows a gross rental yield of approximately 11.6%, rated as high yield. Property prices sit below the state median ($270K/$1.5M), which can point to relative value. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.