Suburb Profile Report for Brunswick East VIC (3057)

Brunswick East House: Median price $1,024,000, Annual capital growth 8.93%, Number of sales 61, Weekly median advertised rent $560

Brunswick East Unit: Median price $510,000, Annual capital growth 5.34%, Number of sales 131, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Brunswick East have tracked just higher than the VIC average of 9.78% over the last 12 months.

While Brunswick East,3057 ranked number 79th in VIC for increase in median house value (annualised) increase, it is ranked 196th over the last 5 years.

Vendor discounting in Brunswick East is giving property investors an average Vendor Discount of around -1.52%. This puts suburb at number 615th in VIC when ranking the most discounted suburbs.

A $560 per week rent on the median house gives suburb investors a gross yield of circa 2.84%, without taking into account capital value appreciation, which has been averaging out at 8.93%.

Investment property in Brunswick East has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.77%

Over the longer term, Brunswick East has seen property prices show investors a 3.03% return over the last 3 years. This is worse than over the last 12 months

Brunswick East3057 is located in VIC which offers an average discount of -4.95% to property investors. Brunswick East itself is showing figures that indicate -6.70% is the average achievable by property buyers investing in the suburb.

Metrics i HOUSE UNIT
$1,024,000 $510,000
7.23% -1.07%
13.78% -3.77%
8.93% 5.34%
$560 $400
61 131
2.84% 4.08%
55.54 100.14

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
Find a mortgage broker in Brunswick East VIC
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
Chart Table
Recent sales & rentals