At number 216th in the list of Australian suburbs ordered by increase in median house value over the last year, Burnside, 3023 is in the top 10% with a property value increase of 24.01% recorded in median house prices.
A 42.86% growth in median value for property investors in Burnside,3023 puts this suburb at number 527th in terms of best performing suburbs in VIC
Property buyers and investors in Burnside 3023 should be seeing an average reduction in asking price of around -2.93% . This means that Burnside is holding prices well when compared to other suburbs in VIC.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 7.07%.