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 -6.16%
Over the longer term, Burwood has seen property prices show investors a 52.53% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Burwood should be aiming for at least -11.20% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $637.5 mark per week – giving a return of 1.66% based on the median price in Suburb
Investment property in Burwood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.64%
Over the longer term, Burwood has seen property prices show investors a 22.26% return over the last 3 years. This is worse than over the last 12 months
Burwood2134 is located in NSW which offers an average discount of -4.45% to property investors. Burwood itself is showing figures that indicate -6.30% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Burwood have been waiting around 65.1 days to sell a property.
Advertised rents are around the $560 mark per week – giving a return of 3.73% based on the median price in Suburb