With a capital gain of 13.15% for the last 12 months, Burwood, 3125 has performed for property investments than its average annual 9.71% property growth over the last 5 years.
The five-year average increase in median property values for Burwood,3125 has given property investors a potential capital gain of 77.04% across each of those five years.
The most recent median price for Burwood is $1326000, with sellers offering an average of -3.67% off the asking price.
Situated 13.88km from the CBD, Burwood is one of Whitehorse localities in the postcode 3125.
Investment property in Burwood has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.79%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burwood has increased when compared to the 5 year average annual rate.
At number 218th of VIC’s most discounted properties, Burwood is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Burwood have been waiting around 117.62 days to sell a property.
Burwood, 3125’s gross rental yield is 3.04%