Brunswick suburb profile
Brunswick is a vibrant and eclectic suburb located just 6km north of Melbourne's CBD, known for its rich cultural diversity and bohemian atmosphere. The area is a hub for artists, musicians, and creatives, with a lively arts scene and numerous live music venues. Sydney Road, the suburb's main thoroughfare, is lined with an array of cafes, restaurants, and boutique shops, reflecting its multicultural community. Brunswick offers a mix of Victorian-era homes and modern apartments, appealing to both young professionals and families. Its excellent public transport links and proximity to the city make it a highly sought-after location for those seeking a dynamic urban lifestyle.
Brunswick property market performance
Current median dwelling price$862,500Past 3 months
Property growth+1.1%Past 12 months
Brunswick's property market has experienced modest growth over the past 12 months. House values have increased by 1.2%, with the median house price now at approximately $1.24 million. Meanwhile, unit values have seen a slightly higher increase of 2.1%, bringing the median unit price to $575,000.
Sales activity has been robust, with 94 houses and 102 units sold over the past 12 months. Units are selling faster than houses, with a median of 29 days on the market compared to 38 days for houses, indicating strong demand in the unit sector.
The rental market in Brunswick has shown significant growth, particularly for units, which have seen a 9.5% increase in average rent over the last 12 months. House rents have also risen by 5.4%, reflecting a healthy demand for rental properties in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.21M | $520K |
Change in value Past 12 months | -0.6% | 2.7% |
Sold Past 3 months | 76 | 86 |
Median days on market Past 12 months | 38 | 29 |
Average rent Past 12 months | $780 | $575 |
Change in rent Past 12 months | 5.4% | 9.5% |
5 year median price trend for houses and units
Brunswick demographics
Brunswick, located in Melbourne's inner north, is a vibrant suburb known for its eclectic mix of cultures, lively arts scene, and bustling cafes. With a population of 24,896 and a median age of 34, Brunswick attracts a youthful and diverse community, including students, young professionals, and families. The suburb's proximity to the city centre and excellent public transport options make it a convenient and desirable place to live.
The housing landscape in Brunswick is varied, with nearly half of the properties being rented, reflecting its appeal to those seeking flexible living arrangements. The suburb also has a significant proportion of home ownership, with 24.2% of properties owned outright and 26.8% owned with a mortgage. This mix of renters and homeowners contributes to a dynamic and inclusive community atmosphere.
Family structures in Brunswick are diverse, with 32.2% of households being couple families with children and 53.4% being couple families without children. One-parent families make up 11.3% of the community, while other family types account for 3.1%. This diversity is mirrored in the suburb's vibrant cultural offerings, from its renowned music venues and art galleries to its multicultural festivals and markets. Brunswick's unique blend of urban convenience, cultural richness, and community spirit makes it a sought-after suburb for a wide range of residents.
Brunswick infrastructure, key developments and investment opportunities
Brunswick remains one of Melbourne’s most established inner-city suburbs, with strong appeal from its proximity to the CBD, walkable lifestyle and the Upfield rail corridor. This combination continues to support buyer demand, particularly among professionals, first-home buyers and investors seeking convenience and amenity.
There are no major local infrastructure or redevelopment projects identified in the provided results that are likely to materially shift the property market at this time. Brunswick’s broader attraction still comes from its retail and hospitality strip, established schools and access to transport, which should help underpin long-term desirability.
Brunswick rental market trends
The rental market in Brunswick has experienced moderate growth, with house rents increasing by 5.4% over the past year to $780 per week, while unit rents have seen a more significant rise of 9.5% to $575 per week. With its vibrant community and proximity to Melbourne's CBD, Brunswick continues to attract both renters and investors seeking a dynamic urban lifestyle.
Suburbs near Brunswick
Some popular suburbs near Brunswick include:
How does Brunswick compare to nearby suburbs?
- Median house prices: Brunswick’s median house price is 7.3% lower than Brunswick East’s.
- Median unit prices: Brunswick’s median unit price is 13.0% higher than Brunswick West’s.
- House price growth: Over the past 12 months, house prices in Brunswick have grown 6.5% higher than in Carlton North.
- Unit price growth: Over the past 12 months, unit prices in Brunswick have grown 2.7% higher than in Brunswick East.
- Selling speed for houses: Properties in Brunswick are selling 7.3% faster than in Princes Hill.
- Selling speed for units: Properties in Brunswick are selling 3.3% faster than in Brunswick East.
- Investment considerations: In Brunswick, the rental yield for house is 23.8% higher than the Melbourne average, while the rental yield for units is 1.9% lower.
- House price growth: Over the past 12 months, house prices in Brunswick have grown 19.1% higher than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Brunswick have grown 4.0% lower than the average rate of growth for units across Melbourne.

