Suburb Profile Report for Burraneer NSW (2230)

Burraneer House: Median price $2,300,000, Annual capital growth 7.65%, Number of sales 51, 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 20% 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 -1.08%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burraneer has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Burraneer are currently offering property investors an average price cut of -4.40% below the asking price at the moment.

A $1175 per week rent on the median house gives suburb investors a gross yield of circa 2.66%, without taking into account capital value appreciation, which has been averaging out at 7.65%.

Metrics i HOUSE UNIT
$2,300,000 N/A
2.00% N/A
-1.08% N/A
7.65% N/A
$1,175 N/A
51 N/A
2.66% N/A
51.25 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Burraneer NSW
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
Chart Table
Recent sales & rentals