Suburb Profile Report for Brown Hill VIC (3350)

Brown Hill House: Median price $325,000, Annual capital growth 4.09%, Number of sales 57, Weekly median advertised rent $270

Brown Hill Unit: Median price $240,000, Annual capital growth 1.72%, Number of sales 15, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.12% which means that Brown Hill, 3350 has done well for property investors by showing a capital gain of 18.18% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brown Hill has increased when compared to the 5 year average annual rate.

Vendor discounting in Brown Hill is giving property investors an average Vendor Discount of around -6.68%. This puts suburb at number 191th in VIC when ranking the most discounted suburbs.

Residents and property investors in Brown Hill have been waiting around 108.5 days to sell a property.

Brown Hill is 211th on a list of best yielding suburbs for rents in VIC with a 4.32% return

If you compare the increase in value of investment property in Brown Hill, 3350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.61%.

Over the longer term, Brown Hill has seen property prices show investors a -3.52% return over the last 3 years. This is worse than over the last 12 months

Renters in Suburb are facing rents around $2940 per annum or $245 every week.

Metrics i HOUSE UNIT
$325,000 $240,000
-5.80% -1.03%
18.18% -3.61%
4.09% 1.72%
$270 $245
57 15
4.32% 5.31%
108.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3078
Median household income ($/weekly) 1107
Median age of persons 35
Median housing loan repayment ($/monthly) 1326
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 354 11.5
    25-34 years 431 14.0
    35-44 years 418 13.6
    45-54 years 461 15.0
    55-64 years 342 11.1
    Others 1072 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 1081 47.7
    Not Married 949 41.9
    Defacto Relationship 235 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2709 91.9
    New Zealand 20 0.7
    Papua New Guinea 16 0.5
    United Kingdom 90 3.1
    Other 22 0.7
    Others 91 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.6
    Christianity 2063 72.5
    Islam 13 0.5
    Other Religious Groups 12 0.4
    No Religion 730 25.7
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 134 12.6
    $600-$799 110 10.3
    $1,000-$1,249 105 9.9
    $1,250-$1,499 103 9.7
    $1,500-$1,999 144 13.5
    Others 467 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 953 40.0
    Not in the labour force 741 31.1
    Employed, worked part-time 500 21.0
    Employed, away from work 100 4.2
    Unemployed, looking for work 86 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 173 11.1
    Professionals 287 18.5
    Technicians & trades workers 278 17.9
    Clerical & administrative workers 208 13.4
    Sales 174 11.2
    Others 432 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 67 9.6
    Infants/Primary 234 33.6
    Secondary 182 26.1
    Technical or Further Educational Institution 52 7.5
    University or other Tertiary Institutions 136 19.5
    Others 26 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2620 90.4
    Flat, unit or apartment 199 6.9
    Semi-detached, row or terrace house, townhouse 65 2.2
    Caravan, cabin, houseboat 8 0.3
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 466 40.7
    Fully owned 365 31.9
    Rented 313 27.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals