Investment property in Burraneer 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 -1.59%
Taking the average capital gain, or increase in median house value, Burraneer,2230 has racked up an average of -1.59% over the period. This ranks it number 1195th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Burraneer itself are offering an average vendor discount of -6.67% to real estate investors.
At number 322 in a list of fastest selling suburbs, Burraneer is in the TOP 10% of suburbs in Australia with an average of days on market 45 for properties listed there.
Property investors should expect to get $977.5 weekly from the median priced house in this suburb.