Market snapshot

Suburb insights for Brookfield3338

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Brookfield 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.

Recent sales and auction results in Brookfield

AddressBedroomsPriceTypeMethodSale DateAgentListing
19 Phoenix Cirt, Brookfield4PriceHouse (Res)Auction Sale16/07/2024Ray White Point CookView
161 James Melrose Dr, Brookfield4PriceHouse (Res)Private Sale17/06/2024Raine & Horne Diggers Rest

Sales data

Median sale price
$550k
Quarterly price change
-4.3%
Metro Melbourne Comparison
$912k
-1.5%
BedroomsBrookfieldMetro comparison
2-$902,500
3$530,000$810,000
4$564,000$955,000
InsightBrookfieldMetro comparison
Clearance rate73.8%
Days on market44.542

Rental data

Median weekly rent
$450
Rental yield
4.2%
Metro Melbourne Comparison
$560
3.2%
BedroomsBrookfieldMetro comparison
2-$550
3$420$540
4$460$580
Median data for the current quarter
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