Investment property in Burwood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.23%
Comparing Burwood,3125 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Burwood3125 is located in VIC which offers an average discount of -6.00% to property investors. Burwood itself is showing figures that indicate -8.03% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 87.52 days.
Property investors who have had real estate in Burwood, 3125 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.52%
Across a shorter period, Burwood, 3125 has seen a median price increase of 0.00% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Burwood, 3125. Typically our figures indicate that -5.57% is being offered, which puts this VIC suburb at 608th most discounted overall in Australia.
In the last year 110 properties changed hands in Burwood, which puts it as the 74th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 6.82%, investors should hope to achieve an overall return of 2.84%