Suburb Profile Report for Burnside SA (5066)

Burnside House: Median price $850,000, Annual capital growth 5.02%, Number of sales 59, Weekly median advertised rent $470

Burnside Unit: Median price $422,000, Annual capital growth 3.80%, Number of sales 21, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 4.07% for the last year, Burnside, 5066 is the 2054th highest performer in Australia in this respect.

Over the longer term, Burnside has seen property prices show investors a 21.78% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Burnside is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 25th in terms of most discounted suburbs in SA

In the last year 59 properties changed hands in Burnside, which puts it as the 155th most active market in SA when comparing the number of sales per suburb.

Using the current median advertised rental of $470 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 2.88%

Property value increases in Burnside have tracked just higher than the SA average of 4.44% over the last 12 months.

Taking the average capital gain, or increase in median house value, Burnside,5066 has racked up an average of 8.18% over the period. This ranks it number 1175th in the whole country for real estate investors looking at median house price increases.

Burnside5066 is located in SA which offers an average discount of -6.20% to property investors. Burnside itself is showing figures that indicate -6.82% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $4140 per annum or $345 every week.

HOUSE UNIT
$850,000 $422,000
-1.05% 4.12%
4.07% 8.18%
5.02% 3.80%
$470 $345
59 21
2.88% 4.25%
71.43 53.41

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2671
Median household income ($/weekly) 1567
Median age of persons 44
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 327 12.2
    35-44 years 327 12.2
    45-54 years 393 14.7
    55-64 years 351 13.1
    65-74 years 328 12.3
    Others 946 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 1159 55.6
    Not Married 828 39.8
    Defacto Relationship 96 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1807 69.9
    Croatia 69 2.7
    Indonesia 46 1.8
    United Kingdom 217 8.4
    Other 131 5.1
    Others 315 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 2.7
    Christianity 1576 64.7
    Hinduism 46 1.9
    Islam 51 2.1
    No Religion 676 27.8
    Others 22 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 82 8.5
    $1,500-$1,999 92 9.6
    $2,500-$2,999 118 12.3
    $3,000-$3,499 86 8.9
    $4,000 or more 84 8.7
    Others 501 52.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 807 37.5
    Employed, worked full-time 739 34.4
    Employed, worked part-time 489 22.7
    Employed, away from work 72 3.3
    Unemployed, looking for work 43 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 17.1
    Professionals 502 38.6
    Community & personal service workers 120 9.2
    Clerical & administrative workers 172 13.2
    Sales 119 9.1
    Others 166 12.8
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.4
    Infants/Primary 249 36.8
    Secondary 161 23.8
    Technical or Further Educational Institution 34 5.0
    University or other Tertiary Institutions 187 27.6
    Others 16 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1966 77.2
    Semi-detached, row or terrace house, townhouse 326 12.8
    Flat, unit or apartment 253 9.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 515 49.0
    Being purchased 354 33.7
    Rented 171 16.3
    Other tenure type 12 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals