Suburb Profile Report for Braybrook VIC (3019)

Braybrook House: Median price $620,000, Annual capital growth 10.92%, Number of sales 106, Weekly median advertised rent $320

Braybrook Unit: Median price $440,000, Annual capital growth 6.66%, Number of sales 39, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.27% which means that Braybrook, 3019 has done well for property investors by showing a capital gain of 12.73% over the last year

While Braybrook,3019 ranked number 192th in VIC for increase in median house value (annualised) increase, it is ranked 164th over the last 5 years.

Sellers are offering property buyers an average discount of -3.77% to buyers in Braybrook at the moment, which is less than average for the rest of VIC.

Situated 9.98km from the CBD, Braybrook is one of Maribyrnong localities in the postcode 3019.

If you compare the increase in value of investment property in Braybrook, 3019 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 1.73%.

When looking at the potential capital gains offered to property investors over the last 3 years, Braybrook comes in at number 115th in VIC.

Vendor discounting in Braybrook is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 135th in VIC when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$620,000 $440,000
3.33% N/A
12.73% 1.73%
10.92% 6.66%
$320 $340
106 39
2.68% 4.02%
73.57 64.75

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 8180
Median household income ($/weekly) 792
Median age of persons 32
Median housing loan repayment ($/monthly) 1520
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1015 12.4
    25-34 years 1483 18.1
    35-44 years 1126 13.8
    45-54 years 993 12.1
    55-64 years 796 9.7
    Others 2767 33.8
    Age Group
    Census Count Percent(%)
    Not Married 3365 56.9
    Registered Married 2251 38.1
    Defacto Relationship 296 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3130 42.7
    Croatia 273 3.7
    Indonesia 403 5.5
    Viet Nam 1713 23.4
    Other 823 11.2
    Others 987 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 1615 22.4
    Christianity 3253 45.2
    Hinduism 231 3.2
    Islam 650 9.0
    No Religion 1270 17.7
    Others 176 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 242 10.4
    $400-$599 322 13.8
    $600-$799 291 12.5
    $800-$999 213 9.1
    $1,000-$1,249 212 9.1
    Others 1049 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2690 46.0
    Employed, worked full-time 1705 29.1
    Employed, worked part-time 878 15.0
    Unemployed, looking for work 394 6.7
    Employed, away from work 185 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 431 15.6
    Technicians & trades workers 343 12.4
    Clerical & administrative workers 359 13.0
    Machinery operators & drivers 329 11.9
    Labourers 485 17.5
    Others 821 29.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 567 27.6
    Secondary 509 24.7
    Technical or Further Educational Institution 232 11.3
    University or other Tertiary Institutions 489 23.8
    Other type of educational institution 155 7.5
    Others 105 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5149 68.1
    Semi-detached, row or terrace house, townhouse 1195 15.8
    Flat, unit or apartment 1182 15.6
    House or flat attached to a shop, office 24 0.3
    Caravan, cabin, houseboat 14 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1205 47.7
    Being purchased 729 28.9
    Fully owned 569 22.5
    Other tenure type 23 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals