Suburb Profile Report for Burnside VIC (3023)

Burnside House: Median price $491,000, Annual capital growth 6.04%, Number of sales 60, Weekly median advertised rent $363

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

Source: CoreLogic

  • House Report

Property value increases in Burnside have tracked higher than the VIC average of 7.68% over the last 12 months.

Over the longer term, Burnside has seen property prices show investors a 25.90% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Burnside is $491000, with sellers offering an average of -7.57% off the asking price.

Burnside, 3023’s gross rental yield is 3.84%

HOUSE UNIT
$491,000 N/A
10.71% N/A
18.31% N/A
6.04% N/A
$363 N/A
60 N/A
3.84% N/A
66.46 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4385
Median household income ($/weekly) 1241
Median age of persons 36
Median housing loan repayment ($/monthly) 1731
Average household size 3
  • Census Count Percent(%)
    5-14 years 653 14.9
    25-34 years 565 12.9
    35-44 years 662 15.1
    45-54 years 621 14.2
    55-64 years 424 9.7
    Others 1460 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 1733 55.2
    Not Married 1221 38.9
    Defacto Relationship 186 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2342 56.5
    Netherlands 115 2.8
    Philippines 287 6.9
    Viet Nam 156 3.8
    Other 503 12.1
    Others 742 17.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 282 7.0
    Christianity 2972 73.5
    Hinduism 54 1.3
    Islam 251 6.2
    No Religion 445 11.0
    Others 37 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 123 10.0
    $600-$799 130 10.5
    $800-$999 124 10.0
    $1,500-$1,999 194 15.7
    $2,000-$2,499 138 11.2
    Others 525 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1274 38.9
    Employed, worked full-time 1247 38.1
    Employed, worked part-time 511 15.6
    Employed, away from work 130 4.0
    Unemployed, looking for work 109 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 232 12.3
    Technicians & trades workers 260 13.8
    Clerical & administrative workers 277 14.7
    Machinery operators & drivers 266 14.1
    Labourers 301 16.0
    Others 550 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 79 7.0
    Infants/Primary 408 36.3
    Secondary 317 28.2
    Technical or Further Educational Institution 110 9.8
    University or other Tertiary Institutions 153 13.6
    Others 57 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3856 93.1
    Semi-detached, row or terrace house, townhouse 250 6.0
    Flat, unit or apartment 37 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 751 56.9
    Fully owned 363 27.5
    Rented 135 10.2
    Other tenure type 70 5.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals