Brimbank City, VIC

The City of Brimbank is a local government area in Melbourne, Victoria, Australia. The local property market is considered to be affordable and offers good value for money. The area is popular with families and first time buyers, due to the variety of housing options available and the relatively low cost of living. The market is also growing in popularity with investors, due to the strong rental yield potential.

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The city’s economy is based largely on manufacturing, retail trade, and government services. The LGA also has a number of government offices.

Labourers (14.8 %), Professionals (14.5 %), Technicians and Trades Workers (13.8 %), Clerical and Administrative Workers (13.7 %), and Machinery Operators and Drivers (11.8 %) are the most prevalent professions in Brimbank. The typical weekly personal income for Brimbank residents aged 15 years and older is $487.

There is a wide variety of real estate options available, from apartments and townhouses to detached houses and family homes. In Brimbank, 82.0 % of occupied private homes are detached houses, 13.1 % are semi-detached, row or terrace houses, townhouses, etc., 4.5 % are flats or apartments, and 0.2 % are other housing.

There are a few things to consider when investing in property in Brimbank City Victoria. Firstly, it is important to do your research and understand the current market conditions. Secondly, you need to decide what type of property you want to invest in. And finally, you need to be mindful of your budget and make sure you can afford the investment.

Use the interactive dashboard below for guidance.

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Capital Growth Heatmap

Property Market Snapshot

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

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Brimbank City, VIC

What other property markets are there near Brimbank City, VIC?

Brimbank City is surrounded by 7 other council areas – Hume, Moreland, Moonee Valley, Maribyrnong, Hobsons Bay, Wyndham, Melton.

Suburbs/localities in this Local Government Area: Kealba 3021, Keilor 3036, Keilor Downs 3038, Keilor East 3033, Keilor Lodge 3038, Keilor North 3036, Keilor Park 3042, Kings Park 3021, Albanvale 3021, Albion 3020, St Albans 3021, Sunshine 3020, Sunshine North 3020, Sunshine West 3020, Sydenham 3037, Taylors Lakes 3038, Tullamarine 3043, Brooklyn 3012, Cairnlea 3023, Calder Park 3037, Ardeer 3022, Deer Park 3023, Delahey 3037, Derrimut 3026

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