Property value increases in Burnley have tracked just lower than the VIC average of 8.13% over the last 12 months.
In the last year 10 properties changed hands in Burnley, which puts it as the 698th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
Giving property investors a an average capital gain of 5.20% for the last year, Burnley, 3121 is the 705th highest performer in Australia in this respect.
While Burnley,3121 ranked number 142th in VIC for increase in median house value (annualised) increase, it is ranked 15th over the last 5 years.
Situated 3.99km from the CBD, Burnley is one of Yarra localities in the postcode 3121.