If you compare the increase in value of investment property in Burnside Heights, 3023 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.66%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burnside Heights has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Burnside Heights, 3023. Typically our figures indicate that -7.35% is being offered, which puts this VIC suburb at 906th most discounted overall in Australia.
Property investors should expect to get $415 weekly from the median priced house in this suburb.