Investment property in Burrill Lake has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.37%
If we look at median property appreciation over just the last three months, Burrill Lake has given property investors a paper return of 1.20%. This puts Suburb as 842 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Burrill Lake are currently offering property investors an average price cut of -3.91% below the asking price at the moment.
Often selling an investment property can take time, and in Burrill Lake the average time real estate has been on the market is 111.07 days.
With the median price for a house in Burrill Lake being $420000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 4.52%