Suburb Profile Report for Burwood NSW (2134)

Burwood House: Median price $2,064,000, Annual capital growth 12.01%, Number of sales 73, Weekly median advertised rent $620

Burwood Unit: Median price $775,000, Annual capital growth 7.32%, Number of sales 242, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

HOUSE UNIT
$2,064,000 $775,000
-12.63% -0.64%
1.93% 2.65%
12.01% 7.32%
$620 $550
73 242
1.56% 3.69%
57 58.7

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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