Market snapshot
Suburb insights for Brookfield3338
Change suburbBrookfield is located 39 km west of the CBD. Located on Melbourne's western fringe Brookfield is a new residential suburb on the south-western corner of the Melton township. The suburb has experienced recent population growth with further growth expected in the future. The population is dominated by families with 80% aged between 0-17 and 25-49 years. Almost two-thirds of households are purchasing their home.
Sales data
Median sale price
$563k
Quarterly price change
1.9%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Brookfield | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $508,500 | $810,000 |
| 4 | $565,000 | $942,350 |
| Insight | Brookfield | Metro comparison |
|---|---|---|
| Clearance rate | 78.5% | |
| Days on market | 42.5 | 42 |
Rental data
Median weekly rent
$450
Rental yield
4.2%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Brookfield | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $425 | $550 |
| 4 | $470 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.