Suburb Profile Report for Burnley VIC (3121)

Burnley House: Median price $1,128,000, Annual capital growth 6.79%, Number of sales 12, Weekly median advertised rent $650

Burnley Unit: Median price $455,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Burnley, 3121 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.51%

The five-year average increase in median property values for Burnley,3121 has given property investors a potential capital gain of 40.12% across each of those five years.

The VIC suburb of Burnley, 3121 is in the Yarra local government area.

If we look at median property appreciation over just the last three months, Burnley has given property investors a paper return of 1.11%. This puts Suburb as 138 on a list of fastest fasting appreciating suburbs in VIC

The VIC suburb of Burnley, 3121 is in the Yarra local government area.

HOUSE UNIT
$1,128,000 $455,000
18.12% 1.11%
9.51% N/A
6.79% N/A
$650 $380
12 12
3.00% 4.34%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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