Suburb Profile Report for Burwood NSW (2134)

Burwood House: Median price $2,150,000, Annual capital growth 9.32%, Number of sales 30, Weekly median advertised rent $720

Burwood Unit: Median price $837,500, Annual capital growth 6.04%, Number of sales 222, Weekly median advertised rent $580

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Investment property in Burwood 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 4.88%

Comparing Burwood,2134 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors should expect to get $720 weekly from the median priced house in this suburb.

Burwood has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.89% to date .

While Burwood,2134 ranked number 175th in NSW for increase in median house value (annualised) increase, it is ranked 295th over the last 5 years.

Property buyers and investors in Burwood 2134 should be seeing an average reduction in asking price of around -4.45% . This means that Burwood is holding prices well when compared to other suburbs in NSW.

Information supplied by:




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Burwood, NSW – Unit stock rises in Sydney’s inner west

Postcode: 2134

Median unit price: $845,000

Stock on market: 58.5%

12-month growth: 5.6%

A suburb that is tucked right in the heart of Sydney’s Inner West, around 10km from the CBD, Burwood serves as the administrative centre of the Burwood Council LGA.

The Appian Way strip in Burwood is famous for its collection of Federation-style homes, and has been listed as a heritage site by the state. A reserve established in the midst of this street has since been converted into a lawn tennis club. Burwood Park on Burwood Road contains a cricket oval, a playground and a lake. It also has a memorial to soldiers who died in World War I, and an obelisk highlighting the site of the first house in Burwood.

Metrics i HOUSE UNIT
$2,150,000 $837,500
0.28% 2.13%
4.88% -0.89%
9.32% 6.04%
$720 $580
30 222
1.74% 3.60%
N/A 75.6794871794872

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 12466
Median household income ($/weekly) 1185
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    20-24 years 1599 12.8
    25-34 years 2826 22.7
    35-44 years 1506 12.1
    45-54 years 1550 12.4
    55-64 years 1141 9.2
    Others 3844 30.8
    Age Group
    Census Count Percent(%)
    Not Married 5288 53.2
    Registered Married 4142 41.7
    Defacto Relationship 510 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3787 32.4
    Croatia 3309 28.3
    Indonesia 574 4.9
    Lebanon 497 4.3
    Other 991 8.5
    Others 2534 21.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 1309 11.6
    Christianity 5086 45.1
    Hinduism 858 7.6
    Islam 233 2.1
    No Religion 3686 32.7
    Others 99 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 357 9.4
    $600-$799 301 8.0
    $800-$999 339 9.0
    $1,500-$1,999 456 12.1
    $2,000-$2,499 325 8.6
    Others 2000 52.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3998 39.1
    Employed, worked full-time 3569 34.9
    Employed, worked part-time 1843 18.0
    Unemployed, looking for work 532 5.2
    Employed, away from work 271 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 611 10.8
    Professionals 1603 28.2
    Technicians & trades workers 639 11.2
    Clerical & administrative workers 854 15.0
    Sales 607 10.7
    Others 1369 24.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 541 15.5
    Secondary 666 19.0
    Technical or Further Educational Institution 367 10.5
    University or other Tertiary Institutions 1583 45.3
    Other type of educational institution 221 6.3
    Others 120 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 5285 46.0
    Separate house 5169 45.0
    Semi-detached, row or terrace house, townhouse 1026 8.9
    House or flat attached to a shop, office 14 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1936 47.3
    Fully owned 1287 31.4
    Being purchased 842 20.6
    Other tenure type 28 0.7
    Tenure Type
Census 2011, ABS
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