Suburb Profile Report for Burwood NSW (2134)

Burwood House: Median price $2,000,000, Annual capital growth 11.50%, Number of sales 70, Weekly median advertised rent $650

Burwood Unit: Median price $804,000, Annual capital growth 7.63%, Number of sales 244, Weekly median advertised rent $575

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$2,000,000 $804,000
0.00% 0.00%
-17.10% -0.12%
11.50% 7.63%
$650 $575
70 244
1.69% 3.72%
81.05 68.63

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Burwood NSW
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
Chart Table
Recent sales & rentals