Suburb Profile Report for Brown Hill VIC (3350)

Brown Hill House: Median price $347,500, Annual capital growth 4.88%, Number of sales 80, Weekly median advertised rent $270

Brown Hill Unit: Median price $230,500, Annual capital growth 1.95%, Number of sales 14, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Brown Hill has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 25.79% to date .

While Brown Hill,3350 ranked number 340th in VIC for increase in median house value (annualised) increase, it is ranked 379th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Brown Hill, 3350. Typically our figures indicate that -5.61% is being offered, which puts this VIC suburb at 2063th most discounted overall in Australia.

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 4.88%.

Property value increases in Brown Hill have tracked lower than the VIC average of 4.26% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Brown Hill comes in at number 349th in VIC.

Metrics i HOUSE UNIT
$347,500 $230,500
2.21% -1.71%
25.79% -9.25%
4.88% 1.95%
$270 $255
80 14
4.04% 5.75%
98.74 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
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Recent sales & rentals