Property investors who have had real estate in Burwood, 2134 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.53%
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood comes in at number 765th in NSW.
Sellers are offering property buyers an average discount of -7.41% to buyers in Burwood at the moment, which is less than average for the rest of NSW.
Burwood is 1171th on a list of best yielding suburbs for rents in NSW with a 1.78% return
Burwood has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.00% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burwood has increased when compared to the 5 year average annual rate.
The most recent median price for Burwood is $840000, with sellers offering an average of -5.42% off the asking price.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 8.30%, investors should hope to achieve an overall return of 3.59%