VIC has seen average median house prices change by 8.23% which means that Burwood, 3125 has done well for property investors by showing a capital gain of 11.03% over the last year
Across a shorter period, Burwood, 3125 has seen a median price increase of -1.10% over the last quarter.
The most recent median price for Burwood is $1176940, with sellers offering an average of -10.92% off the asking price.
On average over the past year, suburb has had 14.67 sales per month, which equates to 176 per year.
With a capital gain of -1.85% for the last 12 months, Burwood, 3125 has performed for property investments than its average annual 6.64% property growth over the last 5 years.
While Burwood,3125 ranked number 209th in VIC for increase in median house value (annualised) increase, it is ranked 26th over the last 5 years.
Our latest figures would indicate that property sellers in Burwood are currently offering property investors an average price cut of -7.10% below the asking price at the moment.
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.