Suburb Profile Report for Burwood East VIC (3151)

Burwood East House: Median price $1,063,000, Annual capital growth 10.90%, Number of sales 116, Weekly median advertised rent $450

Burwood East Unit: Median price $610,000, Annual capital growth 7.21%, Number of sales 20, Weekly median advertised rent $403

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 7.59% for the last year, Burwood East, 3151 is the 1687th highest performer in Australia in this respect.

Across a shorter period, Burwood East, 3151 has seen a median price increase of 4.22% over the last quarter.

On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

VIC has seen average median house prices change by 4.28% which means that Burwood East, 3151 has done well for property investors by showing a capital gain of -7.58% over the last year

Burwood East,3151 was ranked 840 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$1,063,000 $610,000
4.22% 0.83%
7.59% -7.58%
10.90% 7.21%
$450 $403
116 20
2.20% 3.43%
65.22 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10141
Median household income ($/weekly) 1174
Median age of persons 40
Median housing loan repayment ($/monthly) 1822
Average household size 2.7
  • Census Count Percent(%)
    25-34 years 1397 13.8
    35-44 years 1298 12.8
    45-54 years 1221 12.0
    55-64 years 1055 10.4
    65-74 years 1239 12.2
    Others 3931 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 4311 52.3
    Not Married 3608 43.8
    Defacto Relationship 320 3.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5160 52.4
    Croatia 1110 11.3
    Hong Kong 506 5.1
    Indonesia 332 3.4
    Other 491 5.0
    Others 2243 22.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 793 8.4
    Christianity 5669 60.0
    Hinduism 357 3.8
    Islam 114 1.2
    No Religion 2391 25.3
    Others 122 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 381 11.6
    $600-$799 350 10.6
    $1,500-$1,999 382 11.6
    $2,000-$2,499 291 8.8
    $2,500-$2,999 273 8.3
    Others 1616 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3618 43.0
    Employed, worked full-time 2713 32.2
    Employed, worked part-time 1520 18.1
    Unemployed, looking for work 290 3.4
    Employed, away from work 276 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 517 11.5
    Professionals 1254 27.8
    Technicians & trades workers 546 12.1
    Clerical & administrative workers 689 15.3
    Sales 477 10.6
    Others 1022 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 165 6.2
    Infants/Primary 594 22.4
    Secondary 573 21.6
    Technical or Further Educational Institution 192 7.3
    University or other Tertiary Institutions 1039 39.2
    Others 85 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9049 92.8
    Semi-detached, row or terrace house, townhouse 601 6.2
    Flat, unit or apartment 98 1.0
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1740 49.0
    Being purchased 994 28.0
    Rented 753 21.2
    Other tenure type 64 1.8
    Tenure Type
Census 2011, ABS
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