Burwood has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -15.25% to date .
Comparing Burwood,2134 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Burwood, 2134 is offering NSW ‘s 235th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Property value increases in Burwood have tracked lower than the NSW average of 6.22% over the last 12 months.
While Burwood,2134 ranked number 274th in NSW for increase in median house value (annualised) increase, it is ranked 362th over the last 5 years.
Property investors looking for a bargain in Burwood should be aiming for at least -5.85% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 20.25 sales per month, which equates to 243 per year.
The NSW suburb of Burwood, 2134 is in the Burwood local government area.