Suburb Profile Report for Brunswick East VIC (3057)

Brunswick East House: Median price $950,000, Annual capital growth 9.09%, Number of sales 78, Weekly median advertised rent $550

Brunswick East Unit: Median price $521,000, Annual capital growth 6.11%, Number of sales 100, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Brunswick East has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 19.72% to date .

A 38.99% growth in median value for property investors in Brunswick East,3057 puts this suburb at number 259th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Brunswick East are currently offering property investors an average price cut of -7.35% below the asking price at the moment.

Residents and property investors in Brunswick East have been waiting around 69.81 days to sell a property.

Advertised rents are around the $550 mark per week – giving a return of 3.01% based on the median price in Suburb

Giving property investors a an average capital gain of 4.20% for the last year, Brunswick East, 3057 is the 789th highest performer in Australia in this respect.

While Brunswick East,3057 ranked number 302th in VIC for increase in median house value (annualised) increase, it is ranked 192th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.33% offered to property buyers. Sellers in Brunswick East itself are offering an average vendor discount of -5.24% to real estate investors.

In the last year 100 properties changed hands in Brunswick East, which puts it as the 83th most active market in VIC when comparing the number of sales per suburb.

Advertised rents are around the $400 mark per week – giving a return of 3.99% based on the median price in Suburb

HOUSE UNIT
$950,000 $521,000
1.93% -3.43%
19.72% 4.20%
9.09% 6.11%
$550 $400
78 100
3.01% 3.99%
69.81 65.05

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (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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