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Braybrook, VIC 3019

Home » VIC Real Estate Data » Maribyrnong City, VIC » Braybrook, VIC 3019

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 Braybrook, VIC 3019 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™

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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.

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0 thoughts on “Braybrook, VIC 3019”

  1. The total adult population (15 years or older) of Braybrook 3019 VIC is 8,171, with a median age of 34. Of those, 36.37% are married, 13.39% are divorced or separated, 46.03% are single and 4.26% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $6,400. The median monthly mortgage repayment for households in this suburb is $1,859 which is 29.05% of their earnings.

    Source: ABS Census Data (2021)

  2. Just outside of Melbourne, as a part of the vibrant state of Victoria, Australia, sits the suburban neighbourhood of BRAYBROOK 3019, a residential hub hosting an estimated 4988 households. At quarter three of 2023, property values for houses in BRAYBROOK placed the typical price at an affordable $733,972.00 AUD. This is complemented by a median weekly rent of $449, generating an appealing indicative yield of 3.18%, which meets the minimum attractive market requirement for cash flow-focused property investors.

    BRAYBROOK boasts an IRSAD score of 917 out of a possible 1217, a relatively strong figure reflecting favourable socio-economic conditions and access to resources in the area. A fairly high proportion of residents are renters, with a renter to owner ratio of 47%, slightly over the 45% threshold, indicating a somewhat saturated market of rental properties providing high competition for investors seeking long term returns. However, with a units to houses ratio of 21%, the risk associated with an oversupply of rental properties is largely mitigated, as this suggests a predominant market for houses, which typically attract more stable, long-term tenants.

    With respect to affordability, prospective property owners may find the market slightly challenging. The calculated affordability index for houses in BRAYBROOK stands at 45 years, exceeding the benchmark of 31 years and suggesting a longer period required to fully own a standard property.

    As for the balance of supply and demand in the area’s property market, the metrics present a fairly favourable scenario. stock on market Percentage for houses is a low 0.17%, well below the 0.4% threshold, pointing to limited supply in the market. This is reiterated by a low inventory level of just 0.8 months, again suggesting favourable conditions for sellers. Additionally, the building approvals Ratio for houses is at a meagre 0.71%, further indicating a minimal increase in dwelling supply.

    Nevertheless, the average days on market for houses is a high 135 days, suggesting slightly less demand. However, this is compensated by a low vacancy rate of 0.59%, indicating high demand for living space. Lastly, the buy search index for houses is currently standing at 3 which might point to a limited demand but is balanced well by other favourable demand metrics.

    It’s worth noting that our understanding of market conditions not only depends on these individual metrics, but also their overarching trends. Investors are encouraged to examine the HtAG dashboard to visualise these trends and balance unfavourable metrics, should there be any, with the favourable ones.

    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.

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