Brunswick is a large suburb in Victoria within the Moreland local government area (postcode 3056). With a population of 24,896, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $109K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Brunswick is $1.3 million, having remained flat 0% over the past year. Units have a median price of $565,000 (-0.9% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,162.
Brunswick is served by 2 schools, including 2 secondary. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 10 rail stations, 2 tram stops, 102 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Brunswick offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +0.0% year-on-year.
Brunswick is a large suburb in Victoria within the Moreland local government area (postcode 3056). With a population of 24,896, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $109K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Brunswick is $1.3 million, having remained flat 0% over the past year. Units have a median price of $565,000 (-0.9% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,162.
Brunswick is served by 2 schools, including 2 secondary. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 10 rail stations, 2 tram stops, 102 bus stops. Healthcare facilities include 1 private hospital.
From an investment perspective, Brunswick offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 11.9x is considered stretched. House prices have moved +0.0% year-on-year.