Suburb Profile Report for Brunswick West VIC (3055)

Brunswick West House: Median price $1,087,000, Annual capital growth 9.73%, Number of sales 97, Weekly median advertised rent $550

Brunswick West Unit: Median price $410,000, Annual capital growth 4.96%, Number of sales 179, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Brunswick West have tracked higher than the VIC average of 11.00% over the last 12 months.

If we look at median property appreciation over just the last three months, Brunswick West has given property investors a paper return of 2.07%. This puts Suburb as 370 on a list of fastest fasting appreciating suburbs in VIC

At number 590th of VIC’s most discounted properties, Brunswick West is in the TOP 10% of the state/territory when listing in order of most discounted to least.

Situated 5.71km from the CBD, Brunswick West is one of Moreland localities in the postcode 3055.

VIC has seen average median house prices change by 5.66% which means that Brunswick West, 3055 has done well for property investors by showing a capital gain of -2.09% over the last year

Brunswick West,3055 was ranked 545 in Australia by increase in median property value over the quarter.

The most recent median price for Brunswick West is $410000, with sellers offering an average of -3.52% off the asking price.

At number 412 in a list of fastest selling suburbs, Brunswick West is in the TOP 30% of suburbs in Australia with an average of days on market 55.41 for properties listed there.

Brunswick West, 3055’s gross rental yield is 4.38%

Metrics i HOUSE UNIT
$1,087,000 $410,000
2.07% 2.50%
19.45% -2.09%
9.73% 4.96%
$550 $345
97 179
2.63% 4.38%
55.48 55.41

Source: CoreLogic

DSR Score for property investment : Very 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