Brunswick West

Brunswick West, VIC 3055 is a vibrant suburb with a diverse population. The majority of residents fall within the 25 to 34 years age group. The suburb offers good transport options, with many residents commuting by train and motor vehicle. There is a significant proportion of professionals and technicians/tradeworkers in the workforce. The ICSEA percentile for government schools indicates a high level of educational advantage. For houses in Brunswick West, the sale prices have shown steady growth over the past years with a high market absorption rate. The suburb has a low vacancy rate and high rental demand, making it ideal for property investors looking for sustainable rental yields. With a high room demand-supply ratio, there is potential for investors to explore options for renting out rooms. On the other hand, the unit market in Brunswick West has displayed high growth rates and a strong market absorption rate, indicating a high demand. Investors may find opportunities in the unit market for capital growth. Brunswick West, VIC 3055 presents a promising investment opportunity for both house and unit buyers. With steady growth in sale prices, low vacancy rates, and high rental demand, the suburb is attractive for property investors. The diverse demographic profile and educational advantage of students add to the suburb's appeal for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022