Suburb Profile Report for Braybrook VIC (3019)

Braybrook House: Median price $670,500, Annual capital growth 7.25%, Number of sales 60, Weekly median advertised rent $350

Braybrook Unit: Median price $515,000, Annual capital growth 5.46%, Number of sales 34, Weekly median advertised rent $400

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -7.84% for the last year, Braybrook, 3019 is the 3086th highest performer in Australia in this respect.

The five-year average increase in median property values for Braybrook,3019 has given property investors a potential capital gain of 43.88% across each of those five years.

At number 189th of VIC’s most discounted properties, Braybrook is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Situated 10.16km from the CBD, Braybrook is one of Maribyrnong (C) localities in the postcode 3019.

Investment property in Braybrook has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.83%

Taking the average capital gain, or increase in median house value, Braybrook,3019 has racked up an average of -2.83% over the period. This ranks it number 460th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Braybrook 3019 should be seeing an average reduction in asking price of around -5.46% . This means that Braybrook is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Braybrook have been waiting around 73.1818 days to sell a property.

Metrics i HOUSE UNIT
$670,500 $515,000
-3.53% -1.25%
-7.84% -2.83%
7.25% 5.46%
$350 $400
60 34
2.71% 4.04%
79.025 73.1818181818182

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 8180
Median household income ($/weekly) 792
Median age of persons 32
Median housing loan repayment ($/monthly) 1520
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1015 12.4
    25-34 years 1483 18.1
    35-44 years 1126 13.8
    45-54 years 993 12.1
    55-64 years 796 9.7
    Others 2767 33.8
    Age Group
    Census Count Percent(%)
    Not Married 3365 56.9
    Registered Married 2251 38.1
    Defacto Relationship 296 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3130 42.7
    Croatia 273 3.7
    Indonesia 403 5.5
    Viet Nam 1713 23.4
    Other 823 11.2
    Others 987 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 1615 22.4
    Christianity 3253 45.2
    Hinduism 231 3.2
    Islam 650 9.0
    No Religion 1270 17.7
    Others 176 2.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 242 10.4
    $400-$599 322 13.8
    $600-$799 291 12.5
    $800-$999 213 9.1
    $1,000-$1,249 212 9.1
    Others 1049 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2690 46.0
    Employed, worked full-time 1705 29.1
    Employed, worked part-time 878 15.0
    Unemployed, looking for work 394 6.7
    Employed, away from work 185 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 431 15.6
    Technicians & trades workers 343 12.4
    Clerical & administrative workers 359 13.0
    Machinery operators & drivers 329 11.9
    Labourers 485 17.5
    Others 821 29.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 567 27.6
    Secondary 509 24.7
    Technical or Further Educational Institution 232 11.3
    University or other Tertiary Institutions 489 23.8
    Other type of educational institution 155 7.5
    Others 105 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5149 68.1
    Semi-detached, row or terrace house, townhouse 1195 15.8
    Flat, unit or apartment 1182 15.6
    House or flat attached to a shop, office 24 0.3
    Caravan, cabin, houseboat 14 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1205 47.7
    Being purchased 729 28.9
    Fully owned 569 22.5
    Other tenure type 23 0.9
    Tenure Type
Census 2011, ABS
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