Burswood is in the bottom 10% in WA when comparing median price capital growth over the last year. Burswood gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.28%.
When looking at the potential capital gains offered to property investors over the last 3 years, Burswood comes in at number 360th in WA.
Burswood, 6100’s gross rental yield is 4.01%
If you compare the increase in value of investment property in Burswood, 6100 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 3.94%.
Taking the average capital gain, or increase in median house value, Burswood,6100 has racked up an average of 3.94% over the period. This ranks it number 878th in the whole country for real estate investors looking at median house price increases.
Burswood6100 is located in WA which offers an average discount of -9.13% to property investors. Burswood itself is showing figures that indicate -9.18% is the average achievable by property buyers investing in the suburb.
Situated 3.81km from the CBD, Burswood is one of Victoria Park localities in the postcode 6100.
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
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Tenants favour CBD proximity
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.