Suburb Profile Report for Burswood WA (6100)

Burswood House: Median price $827,500, Annual capital growth 2.27%, Number of sales 14, Weekly median advertised rent $500

Burswood Unit: Median price $677,500, Annual capital growth -1.89%, Number of sales 34, Weekly median advertised rent $450

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

Burswood, 6100 ranked 4th in WA when comparing growth in median property values or capital gain over the last 12 months. Burswood is one of 1662 in our list for WA

Over the longer term, Burswood has seen property prices show investors a -23.38% return over the last 3 years. This is an improvement over the last 12 months

In the last year 14 properties changed hands in Burswood, which puts it as the 421th most active market in WA when comparing the number of sales per suburb.

Investment property in Burswood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.21%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burswood has fallen somewhat when compared to the 5 year average annual rate.

At number 10th of WA’s most discounted properties, Burswood is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Burswood is 118th on a list of best yielding suburbs for rents in WA with a 3.45% return

Information supplied by:


November 2017

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An inner south-eastern suburb of Perth, Burswood is home to a number of major amenities and attractions, including the sprawling Crown Perth casino and hotel complex, as well as the State Tennis Centre and the Belmont Park RacecourseFull summary

Tenants favour CBD proximity

Postcode: 6100

Median unit price: $746,500

Three-year growth: 13.1%

Rental yield: 3.4%

An inner south-eastern suburb of Perth, Burswood is home to a number of major amenities and attractions, including the sprawling Crown Perth casino and hotel complex, as well as the State Tennis Centre and the Belmont Park Racecourse.

It’s also the site of the new Perth Stadium, a 60-000-seat oval that is due to open early in 2018. The hefty new piece of infrastructure, which was constructed at a cost of $1.4bn to $1.6bn, already has a number of high profile sporting events and concerts locked in.

Here, two-bedroom units are sought after by local renters who are employed in the above-mentioned businesses as it’s close to the CBD, with many high-rise apartments offering stunning views of the Perth skyline and the Swan River.

 

Close
Metrics i HOUSE UNIT
$827,500 $677,500
-23.38% 0.74%
30.83% -3.21%
2.27% -1.89%
$500 $450
14 34
3.14% 3.45%
55.07 99.8

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Poor (H), Balanced (U)
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Demographics
Total population 2029
Median household income ($/weekly) 1877
Median age of persons 38
Median housing loan repayment ($/monthly) 2600
Average household size 2
  • Census Count Percent(%)
    20-24 years 207 10.2
    25-34 years 489 24.1
    35-44 years 285 14.0
    45-54 years 316 15.6
    55-64 years 331 16.3
    Others 401 19.8
    Age Group
    Census Count Percent(%)
    Not Married 694 46.4
    Registered Married 630 42.1
    Defacto Relationship 173 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 780 45.7
    Malta 70 4.1
    Papua New Guinea 71 4.2
    United Kingdom 188 11.0
    Other 171 10.0
    Others 427 25.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 5.9
    Christianity 917 55.3
    Hinduism 70 4.2
    Islam 55 3.3
    No Religion 474 28.6
    Others 44 2.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 7.6
    $1,500-$1,999 87 11.6
    $2,000-$2,499 60 8.0
    $2,500-$2,999 142 18.9
    $3,000-$3,499 62 8.3
    Others 342 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 54.2
    Not in the labour force 367 23.1
    Employed, worked part-time 272 17.1
    Employed, away from work 45 2.8
    Unemployed, looking for work 43 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 245 20.7
    Professionals 305 25.8
    Technicians & trades workers 141 11.9
    Community & personal service workers 100 8.5
    Clerical & administrative workers 161 13.6
    Others 230 19.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 52 15.7
    Secondary 51 15.4
    Technical or Further Educational Institution 63 19.0
    University or other Tertiary Institutions 150 45.3
    Other type of educational institution 11 3.3
    Others 4 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 834 50.5
    Semi-detached, row or terrace house, townhouse 457 27.6
    Separate house 362 21.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 432 53.4
    Being purchased 200 24.7
    Fully owned 173 21.4
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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