At number 1577th in the list of Australian suburbs ordered by increase in median house value over the last year, Burnside, 5066 is in the top 40% with a property value increase of 6.90% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burnside has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -10.67% to buyers in Burnside at the moment, which is less than average for the rest of SA.
The SA suburb of Burnside, 5066 is in the Burnside local government area.
Investment property in Burnside has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.11%
Burnside,5066 was ranked 486 in Australia by increase in median property value over the quarter.
Vendor discounting in Burnside is giving property investors an average Vendor Discount of around -5.40%. This puts suburb at number 103th in SA when ranking the most discounted suburbs.
Situated 6.04km from the CBD, Burnside is one of Burnside localities in the postcode 5066.