Brunswick VIC Property Investment

Brunswick has compounded at 4.2%/yr over 5 years — a house that cost $1,139,697 in 2021 is worth $1,400,000 today. Properties are sitting on market for 22 days (sellers have the leverage). At the same growth rate, today's median reaches $1,719,755 by 2031.

• Median house: $1,400,000 | Units: $640,000
• Gross yield: 3.0% | Net yield: 1.5%
• 5yr price CAGR: 4.2%/yr | 3yr forecast: 12.3%/yr
• Population: 24,896 | Owner-occupier rate: 50% | Affluence: Very High

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 1.8% (improving) | Rental demand: High
• Median weekly rent: $800/wk | Days on market: 22 (improving)
• Landlord market — rents likely to keep rising.

• Median nightly rate: $478/night | Occupancy: 48%
• Estimated annual STR gross: ~$83,712/yr
• vs long-term rent: $41,600/yr (+101% STR premium — factor in higher management costs)

• Metro Tunnel (Melbourne) (Under Construction)
• West Gate Tunnel (Melbourne) (Under Construction)
• North East Link (Melbourne) (Under Construction)
• Melbourne Airport Rail (SRL Airport) (Announced)
• Transport: Well-connected inner-city location

If Brunswick maintains 3%+ annual growth and vacancy stays below 1.3%, median prices could reach $1,610,000 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Brunswick pull back 10-15% from $1,400,000, with vacancy rising to 3.2% and rental yields softening as tenants gain leverage.

• No significant risk factors identified for this suburb

• Bangholme (VIC): $992,000 median, 1.7% yield, 5.8% 1yr growth
• Flemington (VIC): $1,200,000 median, 2.8% yield, 2.3% 1yr growth
• Bellfield (VIC): $982,500 median, 3.2% yield, 1.3% 1yr growth

Brunswick presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.0% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

• Entry range: $1,260,000 – $1,540,000
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.