Brunswick, VIC 3056: Suburb Profile & Property Report

Market Report

House report
Unit Report

Brunswick has 271 houses available for sale. The median property price for a house is currently $1,268,000 with annual capital growth of -2.46% . There were 257 house sales in the past 12 months. On average, houses spend 29 days on market.

If you're thinking about buying an investment property in Brunswick, consider that rental yields for houses are currently 3.16% with an average median rent of $700 weekly. Houses have seen -1.13% growth in the past quarter, and -2.46% growth in the past 12 months.

The size of Brunswick is approximately 5 square kilometres. It has 22 parks covering nearly 5.2% of total area. The population of Brunswick in 2011 was 22,763 people. By 2016 the population was 24,468 showing a population growth of 7.5% in the area during that time. The predominant age group in Brunswick is 20-29 years.

Households in Brunswick are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brunswick work in a professional occupation. In 2011, 49.8% of the homes in Brunswick were owner-occupied compared with 46.4% in 2016.

Brunswick has 384 units available for sale. The median property price for a unit is currently $585,000 with annual capital growth of 10.90% . There were 345 unit sales in the past 12 months. On average, units spend 34 days on market.

If you're thinking about buying an investment property in Brunswick, consider that rental yields for units are currently 4.65% with an average median rent of $550 weekly. Units have seen 0.00% growth in the past quarter, and 10.90% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,268,000	$585,000
Quarterly growth	-1.13%	0.00%
12-month growth	-2.46%	+10.90%
Average annual growth	+4.97%	+0.49%
Weekly median rent	$700	$550
Gross rental yield	3.16%	4.65%
Number of Sales (12m)	257	345
Avg. Days on Market (12m)	29	34

Jump to Market Trends

Key Demographics	2011	2016
Total population	22,763	24,468
Population change (5y)	+9.54%	+7.50%
Median household income (p/w)	$1,433	$1,732
Household income change (5y)	+29.80%	+20.87%
Median age of persons	34	33

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Brunswick is $1,268,000 for houses and $585,000 for units.

The Median Growth in Brunswick over the past 12 months is -2.46% for houses and 10.90% for units.

Over the past 12 months there were 257 houses sold and 345 units sold in Brunswick. On average, houses spent 29 days on market and units spent 34 days on market.

In the past 12 months up to July 2024 there were 257 houses sold and 345 units sold in Brunswick. On average, houses spent 29 days on market and units spent 34 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Brunswick is $700 for houses and $550 for units.

The Rental Yield in Brunswick is 3.16% for houses and 4.65% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Brunswick was 24,468 in 2016, a +7.50% change compared to 2011.

The predominant age group in Brunswick is 20-29 years.

The population of Brunswick was 24,468 in 2016, a +7.50% change compared to 2011.

The predominant age group in Brunswick is 20-29 years.

Most of the population in Brunswick were born in Australia.

Most of the population in Brunswick report their religion as No Religion.

Most of the population in Brunswick report their income range as between $78,000 and $130,000 .

The median household income in Brunswick was $1,732 in 2016, a +20.87% change compared to 2011.

Most of the population in Brunswick report their income range as between $78,000 and $130,000 .

The median household income in Brunswick was $1,433 in 2011, a +29.80% change compared to 2006.

Most of the population in Brunswick work as Professional.

The chart below demonstrates the various levels of education in Brunswick.

Most of the population in Brunswick reached a qualification level of Bachelor.

2011 2016

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