Is Brunswick good for first home buyers?

5km north of CBD — Brunswick is Melbourne's most searched inner-north suburb. Sydney Road culture, Upfield Line rail and consistent gentrification make it the aspirational destination for FHBs who want inner-city lifestyle. Unit market under $750k still accessible.

What is the median house price in Brunswick?

The median house price in Brunswick is $1.25m as of 2026. Annual growth has been 6.8% with a rental yield of 3.8%.

What grants are available for first home buyers in Brunswick?

Victoria offers $10,000 for new builds under $750k. The stamp duty threshold is $600,000, potentially saving up to $31,070. The Help to Buy + FHBG 5% scheme is also available.

How far is Brunswick from the CBD?

Brunswick is approximately 5km from the Victoria CBD. Train access: ✅ Yes.

Brunswick First Home Buyer Guide 2025-26

$1.25m

Median house

$700,000

Median unit

6.8%

Annual growth

3.8%

Rental yield

5km

To CBD

✅ Yes

Train access

5–10 year outlook

5km CBD + most searched inner north + SRL North proposed + Sydney Road lifestyle = aspirational Melbourne suburb

Demand signals

🏆 Most searched Melbourne inner-north suburb🍽️ Sydney Road lifestyle premium🎨 Arts and culture community

Supply conditions

🏘️ Heritage tightly held — very low turnover⚠️ Unit supply improving via high-rise

Infrastructure pipeline

🚉 Upfield Line (Brunswick Station)🏗️ SRL North proposed corridor benefit🏗️ Jewell Station precinct renewal

Victoria grants & stamp duty

First Home Owner Grant$10,000

Grant conditions$10,000 for new builds under $750k

Stamp duty threshold$600,000

Maximum stamp duty saving$31,070

No stamp duty eligible? (based on median price)⚠️ Check threshold

Federal schemeHelp to Buy + FHBG 5%

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Brunswick, Victoria