Suburb Profile Report for Brunswick West VIC (3055)

Brunswick West House: Median price $1,000,000, Annual capital growth 8.92%, Number of sales 94, Weekly median advertised rent $520

Brunswick West Unit: Median price $390,000, Annual capital growth 4.74%, Number of sales 191, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Brunswick West has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.68%

Comparing Brunswick West,3055 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brunswick West, 3055. Typically our figures indicate that -3.66% is being offered, which puts this VIC suburb at 3286th most discounted overall in Australia.

On average over the past year, suburb has had 7.83 sales per month, which equates to 94 per year.

Situated 5.66km from the CBD, Brunswick West is one of Moreland localities in the postcode 3055.

Brunswick West, 3055 ranked 316th in VIC when comparing growth in median property values or capital gain over the last 12 months. Brunswick West is one of 2098 in our list for VIC

Comparing Brunswick West,3055 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Brunswick West3055 is located in VIC which offers an average discount of -5.03% to property investors. Brunswick West itself is showing figures that indicate -4.13% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.74%, investors should hope to achieve an overall return of 4.53%

Metrics i HOUSE UNIT
$1,000,000 $390,000
1.11% -4.88%
12.68% -4.88%
8.92% 4.74%
$520 $340
94 191
2.70% 4.53%
63.41 64.23

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 13148
Median household income ($/weekly) 1233
Median age of persons 34
Median housing loan repayment ($/monthly) 1950
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 1330 10.1
    25-34 years 3259 24.8
    35-44 years 2063 15.7
    45-54 years 1508 11.5
    55-64 years 1164 8.9
    Others 3824 29.1
    Age Group
    Census Count Percent(%)
    Not Married 5369 51.5
    Registered Married 3857 37.0
    Defacto Relationship 1208 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7848 63.6
    Hong Kong 394 3.2
    Indonesia 426 3.5
    Japan 564 4.6
    Other 955 7.7
    Others 2147 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 385 3.2
    Christianity 6234 52.4
    Hinduism 418 3.5
    Islam 768 6.5
    No Religion 3919 33.0
    Others 168 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 458 9.1
    $800-$999 442 8.8
    $1,000-$1,249 491 9.7
    $1,250-$1,499 438 8.7
    $1,500-$1,999 614 12.2
    Others 2597 51.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4568 42.6
    Not in the labour force 3228 30.1
    Employed, worked part-time 2099 19.6
    Unemployed, looking for work 443 4.1
    Employed, away from work 382 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 802 11.4
    Professionals 2413 34.3
    Technicians & trades workers 718 10.2
    Community & personal service workers 658 9.3
    Clerical & administrative workers 1089 15.5
    Others 1364 19.4
    Occupation
    Census Count Percent(%)
    Pre-school 167 5.4
    Infants/Primary 658 21.3
    Secondary 462 15.0
    Technical or Further Educational Institution 372 12.1
    University or other Tertiary Institutions 1263 40.9
    Others 164 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6635 53.8
    Flat, unit or apartment 3486 28.3
    Semi-detached, row or terrace house, townhouse 2133 17.3
    House or flat attached to a shop, office 68 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2529 46.6
    Fully owned 1492 27.5
    Being purchased 1377 25.4
    Other tenure type 33 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals