Fraud Blocker

Brunswick, VIC 3056

Home » VIC Real Estate Data » Moreland City, VIC » Brunswick, VIC 3056

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Brunswick, VIC 3056 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Brunswick, VIC 3056”

  1. The total adult population (15 years or older) of Brunswick 3056 VIC is 22,349, with a median age of 34. Of those, 25.54% are married, 8.15% are divorced or separated, 62.98% are single and 3.33% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $11,228. The median monthly mortgage repayment for households in this suburb is $2,162 which is 19.26% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Brunswick, postal code 3056, is nestled in Victoria and boasts an impressive 15,910 households. As we stepped into the third quarter of 2023, the statistical insights for houses in this community were as follows. The typical price point for houses hovered around the $1,369,063 mark with a median weekly rent of $736. This combination yields an indicative return of 2.8%, a figure slightly below the minimum 3% attractive market threshold for cashflow-focused property investors.

    Brunswick scored 1106 on the IRSAD index out of a possible 1217, indicating a relatively favourable socio-economic status for its residents. However, the suburb sustains a bit higher renter to owner ratio of 48% which is somewhat of a concern due to potential risk and competition in saturated rental markets.

    The units to houses ratio stands fairly balanced at 50%, indicating an equal distribution of units and houses. For potential investors, a lower ratio might be more favourable due to fewer competition amongst landlords and the tendency of family-oriented tenants to prefer houses over units.

    The “Years to Own” metric, or the Affordability Index, stands high at 48 years, indicating reduced affordability compared to areas where this value falls below 30 years.

    From a supply perspective, the stock on market Percentage for houses in Brunswick is low at 0.2%, suggesting favorable conditions with limited supply. This scarcity is further compounded by the inventory level for houses which is as low as 0.66 months. Even the building approvals Ratio for houses sits low at 0.06%, contributing still further to the theme of limited supply.

    Meanwhile, the demand side of property market indicators reads positively as well. At 24, the days on market for houses highlight a high demand, while the vacancy rate of 1.15% (for both houses and units) is well below the 3.5% threshold for low demand, reinforcing the market’s attractiveness. The buy search index for houses, although slightly higher than the average, at 4 indicates a decent level of demand.

    As always, the stability and appeal of the property market are contingent on a combination of these metrics and investors must maintain a balanced view. While some metrics for Brunswick’s property market fall within a not-so-favourable range, majority metrics tilt towards favourable making it a potential investment hotspot. HtAG’s Relative Composite Score (RCS) metric simplifies this analysis by incorporating over 80 metrics, accelerating and automating your property market research.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment