Property value increases in Burwood have tracked just lower than the NSW average of -4.21% over the last 12 months.
Burwood,2134 was ranked 3959 in Australia by increase in median property value over the quarter.
Renters in Suburb are facing rents around $39000 per annum or $750 every week.
At number 314th in the list of Australian suburbs ordered by increase in median house value over the last year, Burwood, 2134 is in the top 30% with a property value increase of 5.62% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burwood has increased when compared to the 5 year average annual rate.
The most recent median price for Burwood is $845000, with sellers offering an average of -7.24% off the asking price.
Advertised rents are around the $580 mark per week – giving a return of 3.57% based on the median price in Suburb