Brunswick West is a well-established suburb in Victoria within the Moreland local government area (postcode 3055). With a population of 14,746, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $93K 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 West is $1.3 million, having increased 3.9% over the past year. Units have a median price of $471,000 (+4.4% YoY). The median weekly rent is $366 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Brunswick West is served by 4 schools, including 4 primary. The average ICSEA score is 1146, which is well above the national average of 1,000. Public transport access includes 91 bus stops.
From an investment perspective, Brunswick West offers a gross rental yield of 1.4%, 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 14.2x is considered stretched. House prices have moved +3.9% year-on-year.
Brunswick West is a well-established suburb in Victoria within the Moreland local government area (postcode 3055). With a population of 14,746, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $93K 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 West is $1.3 million, having increased 3.9% over the past year. Units have a median price of $471,000 (+4.4% YoY). The median weekly rent is $366 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Brunswick West is served by 4 schools, including 4 primary. The average ICSEA score is 1146, which is well above the national average of 1,000. Public transport access includes 91 bus stops.
From an investment perspective, Brunswick West offers a gross rental yield of 1.4%, 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 14.2x is considered stretched. House prices have moved +3.9% year-on-year.