Suburb Profile Report for Brunswick East VIC (3057)

Brunswick East House: Median price $941,000, Annual capital growth 8.88%, Number of sales 86, Weekly median advertised rent $550

Brunswick East Unit: Median price $514,814, Annual capital growth 6.09%, Number of sales 122, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Brunswick East, 3057 have given investors a capital gain of 16.89%. This compares very favourably with the 7.80% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Brunswick East comes in at number 105th in VIC.

Brunswick East, 3057 is offering VIC ‘s 469th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.

Residents and property investors in Brunswick East have been waiting around 61.71 days to sell a property.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.04%, without taking into account capital value appreciation, which has been averaging out at 8.88%.

Property investors who have had real estate in Brunswick East, 3057 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.93%

The five-year average increase in median property values for Brunswick East,3057 has given property investors a potential capital gain of 8.38% across each of those five years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Brunswick East itself are offering an average vendor discount of -5.53% to real estate investors.

On average over the past year, suburb has had 10.17 sales per month, which equates to 122 per year.

The VIC suburb of Brunswick East, 3057 is in the Moreland local government area.

HOUSE UNIT
$941,000 $514,814
0.00% -4.66%
16.89% -4.93%
8.88% 6.09%
$550 $400
86 122
3.04% 4.04%
61.71 73.23

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 8477
Median household income ($/weekly) 1468
Median age of persons 33
Median housing loan repayment ($/monthly) 2113
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 806 9.5
    25-34 years 2511 29.6
    35-44 years 1465 17.3
    45-54 years 898 10.6
    55-64 years 593 7.0
    Others 2204 26.0
    Age Group
    Census Count Percent(%)
    Not Married 3551 52.0
    Registered Married 2186 32.0
    Defacto Relationship 1092 16.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5320 66.3
    Japan 504 6.3
    Papua New Guinea 212 2.6
    United Kingdom 323 4.0
    Other 418 5.2
    Others 1243 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 238 3.1
    Christianity 3580 47.1
    Hinduism 163 2.1
    Islam 187 2.5
    No Religion 3342 44.0
    Others 93 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 261 8.1
    $1,250-$1,499 250 7.8
    $1,500-$1,999 390 12.1
    $2,000-$2,499 337 10.5
    $2,500-$2,999 343 10.7
    Others 1634 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3244 46.2
    Not in the labour force 1798 25.6
    Employed, worked part-time 1421 20.2
    Unemployed, looking for work 288 4.1
    Employed, away from work 273 3.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 671 13.6
    Professionals 1985 40.2
    Technicians & trades workers 451 9.1
    Community & personal service workers 408 8.3
    Clerical & administrative workers 698 14.1
    Others 728 14.7
    Occupation
    Census Count Percent(%)
    Pre-school 103 5.2
    Infants/Primary 394 20.0
    Secondary 232 11.8
    Technical or Further Educational Institution 195 9.9
    University or other Tertiary Institutions 964 48.9
    Others 84 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3782 47.4
    Semi-detached, row or terrace house, townhouse 2309 29.0
    Flat, unit or apartment 1823 22.9
    House or flat attached to a shop, office 52 0.7
    Improvised home, tent, sleepers out 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1618 46.1
    Fully owned 935 26.6
    Being purchased 934 26.6
    Other tenure type 22 0.6
    Tenure Type
Census 2011, ABS
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