Suburb Profile Report for Burraneer NSW (2230)

Burraneer House: Median price $2,232,000, Annual capital growth 7.25%, Number of sales 46, Weekly median advertised rent $1,175

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

Source: CoreLogic

  • House Report

Burraneer is in the bottom 10% in NSW when comparing median price capital growth over the last year. Burraneer gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.02%.

Taking the average capital gain, or increase in median house value, Burraneer,2230 has racked up an average of -6.02% over the period. This ranks it number 1059th in the whole country for real estate investors looking at median house price increases.

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 Burraneer, 2230. Typically our figures indicate that -5.14% is being offered, which puts this NSW suburb at 2245th most discounted overall in Australia.

In the last year 46 properties changed hands in Burraneer, which puts it as the 722th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $1175 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$2,232,000 N/A
-2.96% N/A
-6.02% N/A
7.25% N/A
$1,175 N/A
46 N/A
2.74% N/A
41.87 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3303
Median household income ($/weekly) 2557
Median age of persons 41
Median housing loan repayment ($/monthly) 3033
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 489 14.8
    15-19 years 259 7.8
    35-44 years 438 13.3
    45-54 years 548 16.6
    55-64 years 446 13.5
    Others 1124 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 1524 62.5
    Not Married 817 33.5
    Defacto Relationship 98 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2744 86.0
    China 18 0.6
    Papua New Guinea 39 1.2
    United Kingdom 148 4.6
    Other 48 1.5
    Others 193 6.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.6
    Christianity 2617 83.5
    Hinduism 8 0.3
    Islam 7 0.2
    No Religion 476 15.2
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 85 9.6
    $2,000-$2,499 70 7.9
    $2,500-$2,999 136 15.3
    $3,000-$3,499 101 11.4
    $4,000 or more 156 17.6
    Others 338 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1017 40.1
    Not in the labour force 766 30.2
    Employed, worked part-time 592 23.3
    Employed, away from work 101 4.0
    Unemployed, looking for work 61 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 343 20.1
    Professionals 450 26.3
    Technicians & trades workers 174 10.2
    Clerical & administrative workers 315 18.4
    Sales 179 10.5
    Others 248 14.5
    Occupation
    Census Count Percent(%)
    Pre-school 80 8.7
    Infants/Primary 312 34.1
    Secondary 270 29.5
    Technical or Further Educational Institution 61 6.7
    University or other Tertiary Institutions 174 19.0
    Others 18 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3027 96.6
    Semi-detached, row or terrace house, townhouse 103 3.3
    House or flat attached to a shop, office 4 0.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 469 45.8
    Being purchased 456 44.6
    Rented 98 9.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals