Suburb Profile Report for Burnside SA (5066)

Burnside House: Median price $880,000, Annual capital growth 2.11%, Number of sales 47, Weekly median advertised rent $550

Burnside Unit: Median price $415,500, Annual capital growth 2.31%, Number of sales 14, Weekly median advertised rent $315

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 1.10% for the last 12 months, Burnside, 5066 has performed for property investments than its average annual 2.11% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Burnside,5066 has racked up an average of 1.10% over the period. This ranks it number 2587th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Burnside is offering property investors an average of -6.73. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in SA

Property investors should expect to get $550 weekly from the median priced house in this suburb.

Burnside is an average performer in SA when comparing median price capital growth over the last year. Burnside gave property investors a average capital gain figure when compared to the rest of the state, with -1.07%.

When looking at the potential capital gains offered to property investors over the last 3 years, Burnside comes in at number 47th in SA.

Property investors should expect to get $315 weekly from the median priced house in this suburb.

Information supplied by:


July 2017

M
O

W
E

Despite Adelaide’s pessimistic market outlook, there are still some bright spots in the area.

“For buyers wanting a nearly assured return on their investment, Burnside is the hottest property in town,” says Gregg Harris, general manager of NAB Retail. 

“The leafy eastern suburb’s median profit margin of $202,500 was the highest in the state for the quarter ending December 2016, according to CoreLogic data.”

This suggests that the suburb is getting much demand even with prices dropping. For the unit market, this could be due in part to the median apartment price being below $450,000. Moreover, Burnside is just a 15-minute drive from Adelaide, making it a highly convenient dwelling place.

Metrics i HOUSE UNIT
$880,000 $415,500
-0.56% -2.24%
1.10% -1.07%
2.11% 2.31%
$550 $315
47 14
3.25% 3.94%
69.3 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Burnside SA
Demographics
Total population 2671
Median household income ($/weekly) 1567
Median age of persons 44
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 327 12.2
    35-44 years 327 12.2
    45-54 years 393 14.7
    55-64 years 351 13.1
    65-74 years 328 12.3
    Others 946 35.4
    Age Group
    Census Count Percent(%)
    Registered Married 1159 55.6
    Not Married 828 39.8
    Defacto Relationship 96 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1807 69.9
    Croatia 69 2.7
    Indonesia 46 1.8
    United Kingdom 217 8.4
    Other 131 5.1
    Others 315 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 65 2.7
    Christianity 1576 64.7
    Hinduism 46 1.9
    Islam 51 2.1
    No Religion 676 27.8
    Others 22 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 82 8.5
    $1,500-$1,999 92 9.6
    $2,500-$2,999 118 12.3
    $3,000-$3,499 86 8.9
    $4,000 or more 84 8.7
    Others 501 52.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 807 37.5
    Employed, worked full-time 739 34.4
    Employed, worked part-time 489 22.7
    Employed, away from work 72 3.3
    Unemployed, looking for work 43 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 222 17.1
    Professionals 502 38.6
    Community & personal service workers 120 9.2
    Clerical & administrative workers 172 13.2
    Sales 119 9.1
    Others 166 12.8
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.4
    Infants/Primary 249 36.8
    Secondary 161 23.8
    Technical or Further Educational Institution 34 5.0
    University or other Tertiary Institutions 187 27.6
    Others 16 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1966 77.2
    Semi-detached, row or terrace house, townhouse 326 12.8
    Flat, unit or apartment 253 9.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 515 49.0
    Being purchased 354 33.7
    Rented 171 16.3
    Other tenure type 12 1.1
    Tenure Type
Census 2011, ABS
Chart Table