Giving property investors a an unimpressive capital gain of 1.30% for the last year, Burnside, 5066 is the 2928th highest performer in Australia in this respect.
Over the longer term, Burnside has seen property prices show investors a 19.63% 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 -6.20. This rate of discount on properties puts Suburb at number 66th in terms of most discounted suburbs in SA
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
Over the last year, property investments in Burnside, 5066 have given investors a capital gain of 40.22%. This compares very favourably with the 3.02% for SA as a whole.
Taking the average capital gain, or increase in median house value, Burnside,5066 has racked up an average of 40.22% over the period. This ranks it number 148th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.70% to buyers in Burnside at the moment, which is less than average for the rest of SA.
In the last year 31 properties changed hands in Burnside, which puts it as the 65th most active market in SA when comparing the number of sales per suburb.
Advertised rents are around the $340 mark per week – giving a return of 3.05% based on the median price in Suburb