Suburb Profile Report for Burnley VIC (3121)

Burnley House: Median price $1,220,000, Annual capital growth 11.83%, Number of sales 16, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report

Burnley has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 27.42% to date .

Across a shorter period, Burnley, 3121 has seen a median price increase of 8.16% over the last quarter.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 11.83%, investors should hope to achieve an overall return of 2.77%

Metrics i HOUSE UNIT
$1,220,000 N/A
8.16% N/A
27.42% N/A
11.83% N/A
$650 N/A
16 N/A
2.77% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 738
Median household income ($/weekly) 1833
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 2
  • Census Count Percent(%)
    20-24 years 82 11.1
    25-34 years 253 34.2
    35-44 years 135 18.3
    45-54 years 67 9.1
    55-64 years 58 7.8
    Others 144 19.5
    Age Group
    Census Count Percent(%)
    Not Married 331 53.3
    Registered Married 168 27.1
    Defacto Relationship 122 19.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 523 73.1
    Indonesia 26 3.6
    Papua New Guinea 18 2.5
    United Kingdom 39 5.5
    Other 16 2.2
    Others 93 13.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 2.9
    Christianity 331 48.2
    Hinduism 17 2.5
    Islam 14 2.0
    No Religion 296 43.1
    Others 9 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 51 15.5
    $2,000-$2,499 29 8.8
    $2,500-$2,999 49 14.9
    $3,000-$3,499 28 8.5
    $4,000 or more 27 8.2
    Others 145 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 372 57.7
    Employed, worked part-time 113 17.5
    Not in the labour force 106 16.4
    Employed, away from work 30 4.7
    Unemployed, looking for work 24 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 83 16.1
    Professionals 209 40.6
    Technicians & trades workers 44 8.5
    Community & personal service workers 44 8.5
    Clerical & administrative workers 74 14.4
    Others 61 11.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 30 22.4
    Secondary 17 12.7
    Technical or Further Educational Institution 9 6.7
    University or other Tertiary Institutions 64 47.8
    Other type of educational institution 8 6.0
    Others 6 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 289 39.6
    Flat, unit or apartment 234 32.1
    Separate house 203 27.8
    House or flat attached to a shop, office 3 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 175 50.6
    Being purchased 112 32.4
    Fully owned 59 17.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals