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 1.93%
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood comes in at number 85th in NSW.
Burwood2134 is located in NSW which offers an average discount of -5.53% to property investors. Burwood itself is showing figures that indicate -14.36% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 57 days.
Burwood, 2134’s gross rental yield is 1.56%
With a capital gain of 2.65% for the last 12 months, Burwood, 2134 has performed for property investments than its average annual 7.32% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Burwood has given property investors a paper return of -0.64%. This puts Suburb as 365 on a list of fastest fasting appreciating suburbs in NSW
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 -5.69% is being offered, which puts this NSW suburb at 568th most discounted overall in Australia.
In the last year 242 properties changed hands in Burwood, which puts it as the 34th most active market in NSW when comparing the number of sales per suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 7.32%.