Suburb Profile Report for Brown Hill VIC (3350)

Brown Hill House: Median price $348,750, Annual capital growth 4.74%, Number of sales 73, Weekly median advertised rent $278

Brown Hill Unit: Median price $238,000, Annual capital growth 1.67%, Number of sales 13, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Brown Hill is in the TOP 10% in VIC when comparing median price capital growth over the last year. Brown Hill gave property investors a very good capital gain figure when compared to the rest of the state, with 21.30%.

Taking the average capital gain, or increase in median house value, Brown Hill,3350 has racked up an average of 21.30% over the period. This ranks it number 2432th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Brown Hill is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 370th in terms of most discounted suburbs in VIC

Property investors should expect to get $277.5 weekly from the median priced house in this suburb.

Brown Hill has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -4.42% to date .

Across a shorter period, Brown Hill, 3350 has seen a median price increase of -0.83% over the last quarter.

Brown Hill is 38th on a list of best yielding suburbs for rents in VIC with a 5.46% return

Metrics i HOUSE UNIT
$348,750 $238,000
5.52% -0.83%
21.30% -4.42%
4.74% 1.67%
$278 $250
73 13
4.14% 5.46%
95.21 N/A

Source: CoreLogic

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