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Brooks Bay, TAS 7116
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$790,000
market range $600K-$1.1M
Median Unit
$245,000
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Brooks Bay
Brooks Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Brooks Bay market and investor summary
In Brooks Bay, TAS 7116, the median house sells for around $790K, on a gross rental yield of 2.0% for houses. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 94 days on market, so plan for a slower exit if you ever need one.
Living in Brooks Bay: people, income and schools
About 51 people live in Brooks Bay, and the area has been growing steadily, up about 9% over five years. At a median age of 50, it reads as an older, established demographic, and families account for 70% of households.
The typical household income runs to around $61,000 a year (about $1,170 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 13.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Brooks Bay sits about 46 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 51
- +9% over 5yr
- Median age
- 50 years
- Median household income
- $61,000/yr
- Households renting
- 14%
- Family households
- 70%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.7%
- Distance to CBD
- 46 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Brooks Bay
No properties currently listed in Brooks Bay
Search Brooks Bay listings →Frequently asked questions about Brooks Bay
What should I check before investing in Brooks Bay?
Brooks Bay has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Brooks Bay?
The median property price in Brooks Bay, TAS 7116 is $790K for houses and $245K for units.
What rental yield does Brooks Bay show?
The gross rental yield in Brooks Bay is 2.0% for houses and 4.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Brooks Bay?
The current vacancy rate in Brooks Bay is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Brooks Bay?
Brooks Bay has a population of approximately 51 residents, with a median age of 50.
Is Brooks Bay affordable to buy in?
A median house in Brooks Bay costs about 13.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Brooks Bay's population growing?
The population of Brooks Bay has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Brooks Bay from the CBD?
Brooks Bay is about 46 km from the CBD.
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