Suburb Profile Report for Burwood NSW (2134)

Burwood House: Median price $2,000,000, Annual capital growth 11.53%, Number of sales 69, Weekly median advertised rent $638

Burwood Unit: Median price $780,000, Annual capital growth 7.43%, Number of sales 203, Weekly median advertised rent $560

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$2,000,000 $780,000
-8.05% 0.00%
-6.16% -0.64%
11.53% 7.43%
$638 $560
69 203
1.66% 3.73%
84.21 65.1

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 12466
Median household income ($/weekly) 1185
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    20-24 years 1599 12.8
    25-34 years 2826 22.7
    35-44 years 1506 12.1
    45-54 years 1550 12.4
    55-64 years 1141 9.2
    Others 3844 30.8
    Age Group
    Census Count Percent(%)
    Not Married 5288 53.2
    Registered Married 4142 41.7
    Defacto Relationship 510 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3787 32.4
    Croatia 3309 28.3
    Indonesia 574 4.9
    Lebanon 497 4.3
    Other 991 8.5
    Others 2534 21.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 1309 11.6
    Christianity 5086 45.1
    Hinduism 858 7.6
    Islam 233 2.1
    No Religion 3686 32.7
    Others 99 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 357 9.4
    $600-$799 301 8.0
    $800-$999 339 9.0
    $1,500-$1,999 456 12.1
    $2,000-$2,499 325 8.6
    Others 2000 52.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3998 39.1
    Employed, worked full-time 3569 34.9
    Employed, worked part-time 1843 18.0
    Unemployed, looking for work 532 5.2
    Employed, away from work 271 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 611 10.8
    Professionals 1603 28.2
    Technicians & trades workers 639 11.2
    Clerical & administrative workers 854 15.0
    Sales 607 10.7
    Others 1369 24.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 541 15.5
    Secondary 666 19.0
    Technical or Further Educational Institution 367 10.5
    University or other Tertiary Institutions 1583 45.3
    Other type of educational institution 221 6.3
    Others 120 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5285 46.0
    Separate house 5169 45.0
    Semi-detached, row or terrace house, townhouse 1026 8.9
    House or flat attached to a shop, office 14 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1936 47.3
    Fully owned 1287 31.4
    Being purchased 842 20.6
    Other tenure type 28 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals