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Suburb Insights ยท VIC 3012

Brooklyn 3012, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Brooklyn is an inner-city suburb of Melbourne, Australia, with a population of approximately 1,979, making it a boutique locality. Located approximately 11 km from the Melbourne CBD, Brooklyn is a inner city area in Victoria. The median household income is $101,816 AUD per year (ABS 2021 Census).

Investment Score

65 / 100 Good

Strong household incomes in Brooklyn underpin solid property demand. The short commute to the city centre is a key demand driver.

Location

Map shows Brooklyn, Victoria, Australia.

Key Indicators

Postcode
3012

Official Australia Post postcode for Brooklyn. A postcode may cover multiple suburbs.

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Population
1,979

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$391/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$101,816/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
11 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,068/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
47% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Brooklyn benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $391/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,068/month. A median household income of $101,816/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Brooklyn's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Brooklyn can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Limited buyer depth in Brooklyn makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Brooklyn property

Full Property Analysis

30-year projections for Brooklyn

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Brooklyn enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenants in Brooklyn have options โ€” presenting well-maintained properties is key to minimising vacancy. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Brooklyn a good suburb for investment?

Brooklyn is a inner city area in Victoria with a population of 1,979. The median rent is $391/week and the median household income is $101,816/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Brooklyn?

Key demand drivers in Brooklyn include employment proximity and urban lifestyle. 47% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Brooklyn?

According to the ABS 2021 Census, Brooklyn has a population of approximately 1,979. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Brooklyn from the Melbourne CBD?

Brooklyn is approximately 11 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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