brunswick west

3055, Victoria

Real Estate & Property Information

Median
Price Rank
115

brunswick west Suburb Profile & Review

Known for its rich multicultural population, Brunswick West is also an inner city haven for young professionals, artists and tertiary students. The area's strong music and pub culture is reflected in the array of pubs and live music venues scattered along Sydney Road.

One of Melbourne's best areas for public transport, Brunswick has three train stations providing services on the Upfield line - Antsey Station, Brunswick Station and Jewell Station - and five tram routes. Reservations along the Moonee Ponds Creek provide space for soccer, cricket, tennis and football. The Brunswick City Baths have a heated outdoor and indoor pool as well as a gymnasium.

Shopping is available in abundance - the lengthy Sydney Road shopping strip boasts exotic ethnic food, cafes, fashion retailers, supermarkets and banks. In Brunswick West itself, small shopping strips can be found along Grantham Sreet and Melville Road. There are three schools, Brunswick South-West Primary School, Brunswick North-West Primary School, and St Josephs Primary School. RMIT University and the University of Melbourne are both mere minutes away.

brunswick west Demographic Data

$ 695,000 Median House Price

15 Minutes Average Commute

34 Median Age

13,148 Population

50.89 % Female

49.11 % Male

3149 NO OF FAMILIES

1.7 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 brunswick west, Victoria.

Learn more about data
X

brunswick west 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.

brunswick west Median House Prices

  • 2008 $ 550,000
  • 2009 $ 547,550
  • 2010 $ 600,000
  • 2011 $ 715,000
  • 2012 $ 695,000

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

brunswick west 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 brunswick west 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 brunswick west property price predictions.

brunswick west Market Property Types

  • 44 % Seperate House
  • 19 % Semi Detached
  • 37 % Flat or Unit
  • 1 % 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

brunswick west 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.

brunswick west Income & Mortgage Stats

  • $ 1,233 Median Weekly Household Income
  • $ 1,950 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 brunswick west

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

brunswick west 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.

brunswick west Sold Property Prices

brunswick west 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.

brunswick west Related Local Blog Posts

What Everybody Is Saying About What Is Memberwise Assignment and What You Must Do

Only the initial two have unexpected facets. We have already employed a few overloaded operators. This is different than assignment because there’s no pre-existing value that might have to be destroyed. Undefined properties aren’t copied. Instance properties with or without the exact same name between source and destination appear to be working too. If you

The End of What Is the New Math

In all instances, students should talk to a counselor for more info on university admission and transfer requirements. In the United States, they begin Grade 1 at the age of 5 or 6. By observing your child many times in various scenarios, the teacher is better able to create a more complete evaluation of your

The Most Forgotten Fact Regarding What Is Rad in Math Uncovered

There’s a appropriate approach to memorize them all. It’s a step-by-step course of action. The procedure of substitution. Schools have to supply RE in line with the core syllabus that was drawn up by the four key churches and specified by the Department. This section of the Study Guide Zone summarizes the most significant education

Brief Article Teaches You the Ins and Outs of Chemistry Chart and What You Should Do Today

Conversion of a metallic oxide to the metal is known as reduction. Whilst polonium may not be the deadliest element per se, it’s probably among the most efficient poisons employed by man. Finally it’s deemed imperfect if cleavage is obtained with difficulty and a few of the planes are hard to distinguish. For example, ICR

The Pitfall of The Mathematics of Music

Mathematics for a subject is huge and with these on-line tutorials, we’ve tried to segregate some significant topics into distinct lectures. It’s determined for the insect in addition to for the star. You might also be eligible if you’re currently enrolled in an accredited 2-year college but has the potential to offer proof of acceptance

Introducing Sequence Mathematics

Sequence Mathematics Options Multiplication It’s more difficult to check whether multiplication stays the exact same. It’s also called arithmetic progression. Modulus arithmetic is done employing the Mod Operator. When it is find the usual ratio. To comprehend the importance of these numbers it’s important to know the basics of the Fibonacci sequence itself. This number

brunswick west Schools

  • St. Josephs Primary School185 Hope Streetbrunswick west VIC 3055(03) 9380 9733Catholic Primary School
  • Brunswick West Central Teaching Unit439 Albion Streetbrunswick west VIC 3055(03) 93836522Special Education Units
  • Brunswick North West Primary SchoolCulloden Streetbrunswick west VIC 3055(03) 9386 4624State Primary School

brunswick west Childcare

  • ABC Learning Centre606 Moreland Roadbrunswick west VIC 3055
  • Hope Street Childrens Centre318 Hope Streetbrunswick west VIC 3055
  • Moreland Community CC Co-op49 Everett Streetbrunswick west VIC 3055

brunswick west Kindergarten and Preschools

  • Denzil Don Free Kindergarten256 Union Streetbrunswick west VIC 3055

brunswick west Sporting Centres and Clubs

  • Brunswick City Dunstan Reservebrunswick west VIC 3055Soccer Club
  • Cristal, Holbrook Resbrunswick west VIC 3055Soccer Club
  • Fraser Reservebrunswick west VIC 3055Tennis Club & Courts

Find out How Much your House is Worth in brunswick west

Request a free market Basic Report for brunswick west 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