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Brimbank City, VIC

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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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Suburb Heatmap Analysis

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.

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2BR

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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.

How many people live in Brimbank City, VIC?

There are approximately 194000 people living in roughly 69000 dwellings in total, with an average household size of 3.

What are current and planned infrastructure projects in Brimbank City, VIC?

Notable infrastructure projects include Solomon Heights Estate, Melbourne Airport Rail Link, Devonshire Road Safety Improvements.

What major retailers are there in Brimbank City, VIC?

The main retail centre is Brimbank Shopping Centre, Vulture Wear, Kaizen Essentials, SALEHELLO.

What is the main industry in Brimbank City, VIC?

Such sectors as Electricity, Gas, Water & Waste Services, Professional, Scientific & Technical Services make up the largest part of the employment.

What are the dominant demographic groups in Brimbank City, VIC?

Among approximately 194000 people in Brimbank City males and females make roughly 50% of each group. The median age of people is 35 years. Children aged 0-14 years account for approximately 19% of the population, and those aged 65+ years account for 14%.

How is unemployment rate trending in Brimbank City, VIC?

Among approximately 89000 people employed, roughly 54% work full-time, 30% work part-time, and an estimated 10% are unemployed.

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