Suburb Profile Report for Brunswick West VIC (3055)

Brunswick West House: Median price $988,000, Annual capital growth 9.15%, Number of sales 100, Weekly median advertised rent $530

Brunswick West Unit: Median price $393,500, Annual capital growth 4.68%, Number of sales 190, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1361th in the list of Australian suburbs ordered by increase in median house value over the last year, Brunswick West, 3055 is in the top 40% with a property value increase of 9.17% recorded in median house prices.

Across a shorter period, Brunswick West, 3055 has seen a median price increase of -1.10% over the last quarter.

Our latest figures would indicate that property sellers in Brunswick West are currently offering property investors an average price cut of -3.66% below the asking price at the moment.

VIC has seen average median house prices change by 4.26% which means that Brunswick West, 3055 has done well for property investors by showing a capital gain of -4.02% over the last year

While Brunswick West,3055 ranked number 328th in VIC for increase in median house value (annualised) increase, it is ranked 281th over the last 5 years.

Our latest figures would indicate that property sellers in Brunswick West are currently offering property investors an average price cut of -4.41% below the asking price at the moment.

With the median price for a house in Brunswick West being $393500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.49%

Metrics i HOUSE UNIT
$988,000 $393,500
-1.10% -4.02%
9.17% -4.02%
9.15% 4.68%
$530 $340
100 190
2.79% 4.49%
62.51 67.11

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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