SA has seen average median house prices change by 3.17% which means that Burnside, 5066 has done well for property investors by showing a capital gain of -0.91% over the last year
Burnside,5066 was ranked 3938 in Australia by increase in median property value over the quarter.
The most recent median price for Burnside is $816000, with sellers offering an average of -11.92% off the asking price.
Residents and property investors in Burnside have been waiting around 73.14 days to sell a property.
Burnside is 332th on a list of best yielding suburbs for rents in SA with a 3.38% return
Property investors who have had real estate in Burnside, 5066 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.73%
A -0.83% growth in median value for property investors in Burnside,5066 puts this suburb at number 11th in terms of best performing suburbs in SA
Property investors looking for a bargain in Burnside should be aiming for at least -5.96% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 20 properties changed hands in Burnside, which puts it as the 105th most active market in SA when comparing the number of sales per suburb.
Burnside, 5066’s gross rental yield is 3.93%