Market snapshot
Suburb insights for Brooklyn3012
Change suburbBrooklyn, approximately 10 km west of the CBD, is a transitioning industrial-residential suburb with growing appeal among young buyers and investors. While parts of Brooklyn retain a strong industrial character, new residential developments and proximity to parks, such as Brooklyn Reserve, are reshaping the suburb. With direct freeway access and close proximity to Footscray and Yarraville, Brooklyn offers strong long-term growth potential.
Sales data
Median sale price
$850k
Annual price change
4.9%
Metro Melbourne Comparison
$992k
4.9%
| Bedrooms | Brooklyn | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $822,500 | $863,000 |
| 4 | - | $980,500 |
| Insight | Brooklyn | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 49.5 | 37 |
Rental data
Median weekly rent
$600
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Brooklyn | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $613 | $550 |
| 4 | - | $595 |
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