Brookvale is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2100). With a population of 3,389, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $111K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Brookvale is $2.6 million, having dropped significantly 12.7% over the past year. Units have a median price of $1.1 million (+29.6% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Brookvale is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 19 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Brookvale offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.3x is considered stretched. House prices have moved -12.7% year-on-year.
Brookvale is a smaller suburb in New South Wales within the Northern Beaches local government area (postcode 2100). With a population of 3,389, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $111K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Brookvale is $2.6 million, having dropped significantly 12.7% over the past year. Units have a median price of $1.1 million (+29.6% YoY). The current median weekly rent is $800. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,600.
Brookvale is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 19 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Northern Beaches LGA is low at 1,499 incidents per 100,000 population.
From an investment perspective, Brookvale offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.3x is considered stretched. House prices have moved -12.7% year-on-year.