Suburb Profile Report for Brunswick East VIC (3057)

Brunswick East House: Median price $971,500, Annual capital growth 9.09%, Number of sales 78, Weekly median advertised rent $570

Brunswick East Unit: Median price $510,000, Annual capital growth 5.56%, Number of sales 125, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 652th in the list of Australian suburbs ordered by increase in median house value over the last year, Brunswick East, 3057 is in the top 20% with a property value increase of 13.16% recorded in median house prices.

Comparing Brunswick East,3057 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Brunswick East 3057 should be seeing an average reduction in asking price of around -0.81% . This means that Brunswick East is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $6840 per annum or $570 every week.

Investment property in Brunswick East has done 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 -5.38%

Comparing Brunswick East,3057 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Brunswick East are currently offering property investors an average price cut of -6.37% below the asking price at the moment.

Brunswick East, 3057’s gross rental yield is 4.08%

HOUSE UNIT
$971,500 $510,000
3.57% -0.45%
13.16% -5.38%
9.09% 5.56%
$570 $400
78 125
3.05% 4.08%
71.23 88.55

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
Chart Table
Recent sales & rentals