Burnside is in the TOP 10% in VIC when comparing median price capital growth over the last year. Burnside gave property investors a very good capital gain figure when compared to the rest of the state, with 28.72%.
Burnside,3023 has offered an average of 28.72% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Burnside itself are offering an average vendor discount of -3.07% to real estate investors.
With the median price for a house in Burnside being $576000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 3.52%