Suburb Profile Report for Burrill Lake NSW (2539)

Burrill Lake House: Median price $415,000, Annual capital growth 4.77%, Number of sales 38, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Burrill Lake, 2539 have given investors a capital gain of 24.44%. This compares very favourably with the 7.15% for NSW as a whole.

Taking the average capital gain, or increase in median house value, Burrill Lake,2539 has racked up an average of 24.44% over the period. This ranks it number 853th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -4.13% to buyers in Burrill Lake at the moment, which is less than average for the rest of NSW.

In the last year 38 properties changed hands in Burrill Lake, which puts it as the 823th most active market in NSW when comparing the number of sales per suburb.

Using the current median advertised rental of $340 and the average annual increase in value of a median property of 4.77%, investors should hope to achieve an overall return of 4.26%

HOUSE UNIT
$415,000 N/A
9.00% N/A
24.44% N/A
4.77% N/A
$340 N/A
38 N/A
4.26% N/A
89.02 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Burrill Lake NSW
Demographics
Total population 1328
Median household income ($/weekly) 729
Median age of persons 50
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 157 11.8
    35-44 years 132 9.9
    45-54 years 202 15.2
    55-64 years 215 16.2
    65-74 years 197 14.8
    Others 425 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 514 52.3
    Not Married 373 38.0
    Defacto Relationship 95 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1132 89.9
    Indonesia 7 0.6
    Papua New Guinea 14 1.1
    United Kingdom 64 5.1
    Other 22 1.7
    Others 20 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 897 74.3
    No Religion 269 22.3
    Buddhism 36 3.0
    Judaism 6 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 66 12.7
    $400-$599 114 22.0
    $600-$799 67 12.9
    $800-$999 74 14.3
    $1,000-$1,249 47 9.1
    Others 151 29.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 532 50.9
    Employed, worked full-time 233 22.3
    Employed, worked part-time 206 19.7
    Employed, away from work 41 3.9
    Unemployed, looking for work 34 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 55 11.3
    Professionals 62 12.8
    Technicians & trades workers 87 17.9
    Community & personal service workers 77 15.9
    Labourers 70 14.4
    Others 134 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 33 13.5
    Infants/Primary 96 39.3
    Secondary 62 25.4
    Technical or Further Educational Institution 26 10.7
    University or other Tertiary Institutions 17 7.0
    Others 10 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1160 94.0
    Semi-detached, row or terrace house, townhouse 60 4.9
    House or flat attached to a shop, office 10 0.8
    Flat, unit or apartment 4 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 252 46.5
    Being purchased 152 28.0
    Rented 135 24.9
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals