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 5.04%.
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood comes in at number 34th in VIC.
Property buyers and investors in Burwood 3125 should be seeing an average reduction in asking price of around -8.72% . This means that Burwood is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $460 mark per week – giving a return of 1.91% based on the median price in Suburb
Burwood, 3125 ranked 108th in VIC when comparing growth in median property values or capital gain over the last 12 months. Burwood is one of 2098 in our list for VIC
While Burwood,3125 ranked number 201th in VIC for increase in median house value (annualised) increase, it is ranked 58th over the last 5 years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.03% offered to property buyers. Sellers in Burwood itself are offering an average vendor discount of -3.66% to real estate investors.
Burwood is 359th on a list of best yielding suburbs for rents in VIC with a 2.70% return