If you compare the increase in value of investment property in Burwood East, 3151 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 6.14%.
A 66.79% growth in median value for property investors in Burwood East,3151 puts this suburb at number 270th in terms of best performing suburbs in VIC
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 10.91%, investors should hope to achieve an overall return of 2.23%
VIC has seen average median house prices change by 4.26% which means that Burwood East, 3151 has done well for property investors by showing a capital gain of -8.33% over the last year
While Burwood East,3151 ranked number 191th in VIC for increase in median house value (annualised) increase, it is ranked 114th over the last 5 years.
Situated 14.01km from the CBD, Burwood East is one of Whitehorse localities in the postcode 3151.