Brunswick

Brunswick, situated about 6 km north of Melbourne’s Central Business District, falls within the City of Moreland. This vibrant and culturally diverse suburb is known for its dynamic arts scene, eclectic shopping, and lively cafe culture, making it a popular destination for young professionals, artists, and students.

Demographic Profile

• Population: Brunswick boasts a richly diverse community with many young adults and professionals. According to the 2021 census, the population of Brunswick is 24,896.
• Predominant Age Group: The area is particularly popular among the 20-39 age group, reflecting its appeal to younger residents and students.
• Median Household Income: Typically reflects the diverse economic backgrounds of its residents, ranging from students to established professionals.
• Occupancy: A mix of long-term residents and transient populations, with a higher proportion of renters due to the suburb’s appeal to younger demographics.

Real Estate and Growth

• Median House Prices: The median house price in Brunswick is approximately AUD 1,100,000.
• Median Unit Prices: The average price for apartments and units is around AUD 550,000.
• Rental Market: The median rent for houses is about AUD 600 per week, and for units, it’s approximately AUD 400 per week.
• Market Trends: Brunswick’s real estate market is dynamic, with consistent demand due to its proximity to the city and lifestyle amenities.

Education and Lifestyle

• Schools: There are several primary and secondary schools in the area, and it is near major universities due to its inner-city location.
• Local Vibe: Known for its bohemian and alternative culture, Brunswick is bustling with cafes, live music venues, and vintage shops.
• Community Insights: The suburb is renowned for its multiculturalism, artistic communities, and socially progressive atmosphere.

Transportation

• Public Transport: Excellent public transport options, including multiple tram lines and the Brunswick train station, offering easy access to the CBD and surrounding areas.
• Accessibility: Well-connected by significant roads and bike paths, making it a convenient location for commuters.

Notable Features

• Cultural Hotspots: Home to iconic music venues, independent galleries, and cultural festivals.
• Dining and Shopping: Sydney Road and Lygon Street are famous for their diverse dining options, from trendy cafes to authentic ethnic cuisine and unique shopping experiences.

Brunswick is a dynamic and culturally rich suburb known for its artistic flair, diverse community, and vibrant urban lifestyle. It’s particularly appealing to those who enjoy a lively neighbourhood with easy access to Melbourne’s city centre. The suburb’s ongoing popularity ensures a strong and dynamic real estate market, catering to residents from students to young families and professionals.