Brunswick

POSTAL CODE: VIC, 3056
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Property investors have seen a 0.39% gain in BRUNSWICK based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BRUNSWICK, 3056 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,275,000

Profits averaged -1% per annum over a 3-year period, due to an downward trend in home prices in BRUNSWICK, 3056.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

The gross rental yield in BRUNSWICK, 3056 is 2.85%.

An average of 22.67 real estate transactions take place per month in BRUNSWICK which translates to 272 per annum.

Surburb overview

Brunswick, located approximately 5 kilometres north of Melbourne's Central Business District (CBD), is an inner-city suburb renowned for its vibrant culture, diverse community, and rich history. As of the 2021 census, Brunswick has a population of 24,896 residents.

Brunswick is known for its multicultural population, with many residents born overseas. The suburb's demographic is youthful, with the average age being 33.

The suburb offers various housing options, including Victorian-era terraces, modern apartments, and family homes. Brunswick is predominantly a rental market, with many properties occupied by couples without children.

Brunswick is well-served by public transportation, including multiple tram lines and the Upfield railway line. These provide easy access to the CBD and surrounding areas. The suburb's proximity to major roads also facilitates convenient commutes.

The suburb has several educational institutions, including primary and secondary schools. Its proximity to the University of Melbourne and RMIT University attracts a significant student population.

Brunswick boasts a vibrant community with numerous cafes, restaurants, and boutique shops, particularly along Sydney Road and Lygon Street. The suburb is known for its bohemian culture, intense art scene, and live music. Parks and green spaces like Princes Par provide residents with ample outdoor and recreational opportunities.

Brunswick offers a unique blend of historic charm and modern urban living, making it a highly sought-after location for many residents. 

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