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 3.81%
Over the longer term, Burwood has seen property prices show investors a 59.09% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Burwood should be aiming for at least -8.45% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 89.85 days.
Advertised rents are around the $460 mark per week – giving a return of 1.95% based on the median price in Suburb
Burwood, 3125 ranked 269th 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
Taking the average capital gain, or increase in median house value, Burwood,3125 has racked up an average of -0.45% over the period. This ranks it number 632th in the whole country for real estate investors looking at median house price increases.
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 -6.15% is being offered, which puts this VIC suburb at 471th most discounted overall in Australia.
Burwood, 3125’s gross rental yield is 2.86%