Investment property in Burwood East has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.82%
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood East comes in at number 94th in VIC.
At number 521th of VIC’s most discounted properties, Burwood East is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Burwood East, 3151’s gross rental yield is 2.13%
Property value increases in Burwood East have tracked higher than the VIC average of 5.66% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Burwood East comes in at number 54th in VIC.
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 East, 3151. Typically our figures indicate that -8.78% is being offered, which puts this VIC suburb at 133th most discounted overall in Australia.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Using the current median advertised rental of $407.5 and the average annual increase in value of a median property of 7.72%, investors should hope to achieve an overall return of 3.05%