brown hill

3350, Victoria

Real Estate & Property Information

Median
Price Rank
573

brown hill Suburb Profile & Review

Brown Hill is a residential suburb in Ballarat's outer east. Large open parklands and schools dominate the area. Ballarat Secondary College, Caledonian Primary School, Saint Francis Xavier College and Brown Hill Kindergarten all cater to local students. The expansive Brown Hill Reserve, which is intersected by the Yarrowee River and backs onto state forest, offers playground and barbeque facilities for family outings.

Sports lovers enjoy their proximity to Mount Xavier Golf Course, a scenic and established 18-hole course, and Brown Hill Pool, a 25 metre outdoor pool located on Bradbury Street. Popular local sports teams include the Brown Hill Netball Club and the Brown Hill Cricket Club.

There are several shops and cafes located in Humffray Street North Village. Bus route 7 from Ballarat City terminates in Brown Hill near Damascus College. The Western Freeway cuts through the suburb, providing swift access to Melbourne residents can reach the city in an hour and a half.

brown hill Demographic Data

$ 249,475 Median House Price

74 Minutes Average Commute

35 Median Age

3,078 Population

51.43 % Female

48.57 % Male

832 NO OF FAMILIES

1.8 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in brown hill, Victoria.

Learn more about data
X

brown hill Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

brown hill Median House Prices

  • 2008 $ 195,000
  • 2009 $ 215,000
  • 2010 $ 242,000
  • 2011 $ 265,000
  • 2012 $ 249,475

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

Learn more about data
X

brown hill 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in brown hill have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term brown hill property price predictions.

brown hill Market Property Types

  • 86 % Seperate House
  • 3 % Semi Detached
  • 10 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

Learn more about data
X

brown hill Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

brown hill Income & Mortgage Stats

  • $ 1,107 Median Weekly Household Income
  • $ 1,326 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in brown hill

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

Learn more about data
X

brown hill Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

brown hill Sold Property Prices

brown hill Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

brown hill Related Local Blog Posts

Legal actions: Hotel workers aided intercourse traffickers avoid authorities

Legal actions: Hotel workers aided intercourse traffickers avoid authorities Internationally, a written report may be made online via Crime Stoppers Global. Airline Ambassadors Global has also produced “Suggestion Line” (standing for Trafficking in individuals) reporting apps, which work internationally as they are liberated to down load on Apple’s application shop and Bing Play. A person

Dating on the upper end regarding the sexal attraction range

Dating on the upper end regarding the sexal attraction range Other people of us just date people regarding the high-end of our attraction range, since they think that that’s where real love and passion lie, since when you’re in that state, It feels as though total, pure, healthier, genuine, right attraction. It might never be,

Approaches To Make Your Vagina Smell Better Obviously

Approaches To Make Your Vagina Smell Better Obviously Will you be wondering steps to make your vagina odor fresh? Stress no further! Here are 10 guidelines that will help you attain a new, healthier fragrance. Girls worry a complete great deal exactly how their vaginas smell. But as a lady, you should know that your

Beardie Suggestions & information – The beardie’s head is triangular shaped

Beardie Suggestions & information – The beardie’s head is triangular shaped Beardie Description Minds – The dragon that is bearded mind is triangular shaped and possesses rows of surges that resemble thorns. The bearded dragon will have rows of spiked scales which when puffed up resembles a beard beneath their head. These scales also can

College loans: Details and Consolidation  Degree is very important Customwriting Com Order.

College loans: Details and Consolidation  Degree is very important. It definitely is. Whatever better way to ensure your personal future rather than furnish your self with quality higher education essaywriter com review? It’s likely you have dreamt of becoming a physician, professional or attorney in the long run. Regrettably, this privilege may not easily obtainable

GameCo to Build Skill-Based How To Play Lucky 88 Slot Machine Playing Services And Products Formulated on Trendy Paramount Companies

GameCo new lucky 88 slot machine to Build Skill-Based Playing Services And Products Formulated on Trendy Paramount Companies GameCo, known to be the founder around the globe’s basic skill-based betting gadgets, has-been licensed by preferred movies studio Paramount images to build up games in line with the latter’s blockbuster titles goal: Impossible, Ferris Bueller’s Day

Local Place Coming Soon

Find out How Much your House is Worth in brown hill

Request a free market Basic Report for brown hill to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

Download Free Market Report
Share with friendsX