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.
Recent sales and auction results in Brookfield
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 19 Phoenix Cirt, Brookfield | 4 |  | House (Res) | Auction Sale | 16/07/2024 | Ray White Point Cook | View |
| 161 James Melrose Dr, Brookfield | 4 |  | House (Res) | Private Sale | 17/06/2024 | Raine & Horne Diggers Rest |
Sales data
Median sale price
$550k
Quarterly price change
-4.3%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Brookfield | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $530,000 | $810,000 |
| 4 | $564,000 | $955,000 |
| Insight | Brookfield | Metro comparison |
|---|---|---|
| Clearance rate | 73.8% | |
| Days on market | 44.5 | 42 |
Rental data
Median weekly rent
$450
Rental yield
4.2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Brookfield | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $420 | $540 |
| 4 | $460 | $580 |
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