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Brunswick
AREA REPORTS

Brunswick

Brunswick - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3056

house
unit

Property investors have seen a 3.05% gain in BRUNSWICK based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BRUNSWICK, 3056 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 22.73%.

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 $1,350,000

Profits averaged 9.52% per annum over a 3-year period, due to an upward trend in home prices in BRUNSWICK, 3056.

This means, real estate investors could earn a rental income of $620 based on current median home prices for the suburb.

The gross rental yield in BRUNSWICK, 3056 is 2.39%.

An average of 25.33 real estate transactions take place per month in BRUNSWICK which translates to 304 per annum.

Data report can be found below

Brunswick
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,350,000 $600,000
GROWTH REPORT
Median Quarterly 3.05% 0%
Median 12 month 22.73% 7.14%
Median 3 years 28.57% 15.38%
Median 5 years 43.31% 20%
10 years average annual 8.16% 3.65%
Weekly media advert. rent $620 $395
Time on Market 40.2 days 61.8 days
Gross Rental Yield Percent 2.39% 3.42%
demographics (median values)*
Total Population
24473
Weekly Household Income
1724
Household Size
2.20
Age
33
Monthly Loan Repayment
2058
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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