At number 2331th in the list of Australian suburbs ordered by increase in median house value over the last year, Burwood, 3125 is in the BOTTOM 50% with a property value increase of 3.82% recorded in median house prices.
Over the longer term, Burwood has seen property prices show investors a 58.40% return over the last 3 years. This is worse than over the last 12 months
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 -8.31% is being offered, which puts this VIC suburb at 726th most discounted overall in Australia.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 89.04 days.
If you compare the increase in value of investment property in Burwood, 3125 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.38%.
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood comes in at number 88th in VIC.
Sellers are offering property buyers an average discount of -6.71% to buyers in Burwood at the moment, which is less than average for the rest of VIC.
Burwood is 360th on a list of best yielding suburbs for rents in VIC with a 2.86% return