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AREA REPORTS

Brunswick East

Suburb Profile

Brunswick East - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3057

house
unit

Property investors enjoyed capital gains of 19.9% over the last 12 months in BRUNSWICK EAST, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in BRUNSWICK EAST are low, as opposed to average gains per annum over the past five years.

The suburb posted a 6.73% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $670 based on current median home prices for the suburb.

On average, rents on listings have reached the $670 mark, reflecting a 2.93% increase in returns based on the current median price in BRUNSWICK EAST.

BRUNSWICK EAST, 3057 ranks 58th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 361st on the list of best yielding suburbs for rental properties in VIC, posting a 2.93% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,190,000 $512,500
GROWTH REPORT
Median Quarterly 4% 0.53%
Median 12 month 19.9% -2.38%
Median 3 years 6.73% -10.87%
Median 5 years 55.56% 0.69%
10 years average annual 6.03% 0.67%
Weekly media advert. rent $670 $430
Time on Market 59.4 days 67.2 days
Gross Rental Yield Percent 2.93% 4.36%
demographics (median values)
Total Population
7410
Weekly Household Income
1082
Household Size
2.30
demographics
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