Burwood has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -17.10% to date .
Taking the average capital gain, or increase in median house value, Burwood,2134 has racked up an average of -17.10% over the period. This ranks it number 610th in the whole country for real estate investors looking at median house price increases.
Burwood2134 is located in NSW which offers an average discount of -5.49% to property investors. Burwood itself is showing figures that indicate -8.77% is the average achievable by property buyers investing in the suburb.
In the last year 70 properties changed hands in Burwood, which puts it as the 474th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $650 weekly from the median priced house in this suburb.
Over the last year, property investments in Burwood, 2134 have given investors a capital gain of -0.12%. This compares badly with the 6.07% for NSW as a whole.
The five-year average increase in median property values for Burwood,2134 has given property investors a potential capital gain of 34.00% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Burwood, 2134. Typically our figures indicate that -5.83% is being offered, which puts this NSW suburb at 518th most discounted overall in Australia.
A $575 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 7.63%.