Brunswick, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Brunswick
VICCensus 2021 · Population 24,894
Brunswick is a vibrant suburb with a population of 24,894, characterized by a young median age of 34 years compared to the Victorian average of 38. The community is diverse, with 33.6% of residents born overseas, slightly below the Victorian average of 35%. The suburb has a high percentage of professionals, with 44.1% of the workforce employed in professional occupations. Housing in Brunswick is predominantly rented, with 48.1% of properties rented, significantly higher than the Victorian average of 28.5%. The area is known for its cultural diversity, with a mix of ancestries and languages spoken at home.
Key Highlights
- Highly educated population - 55.4% hold bachelor degrees (vs VIC 29.2%)
- Above average household income - $2,096 weekly (vs VIC $1,759)
- High work-from-home rate - 44.4% (vs VIC 25.7%)
- Diverse cultural background - 33.6% born overseas
- Significant professional workforce - 44.1% in professional occupations
Things to Consider
- Higher rental rates - median weekly rent $441
- Renter-heavy market - 48.1% rented properties
- Lower percentage of separate houses - 35.3% (vs VIC 73.4%)
- Higher unemployment rate - 4.7% (vs VIC 5.0%)
- Potential congestion due to low car usage - 21.1% drive
What's it like living here?
Daily life in Brunswick is dynamic, with a significant portion of the population working from home (44.4%), much higher than the Victorian average of 25.7%. Commuting is varied, with only 21.1% of residents driving to work, while 9.7% use public transport. The suburb offers a mix of housing types, including separate houses, townhouses, and apartments, catering to different lifestyle preferences. The community feel is youthful and professional, with a strong presence of cafes, restaurants, and cultural activities.