Giving property investors a an average capital gain of 3.35% for the last year, Burwood, 3125 is the 2041th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Burwood has given property investors a paper return of -1.09%. This puts Suburb as 513 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Burwood is offering property investors an average of -5.39. This rate of discount on properties puts Suburb at number 137th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 8.07%, investors should hope to achieve an overall return of 1.91%
At number 679th in the list of Australian suburbs ordered by increase in median house value over the last year, Burwood, 3125 is in the top 40% with a property value increase of 4.44% recorded in median house prices.
A 39.16% growth in median value for property investors in Burwood,3125 puts this suburb at number 134th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.82% offered to property buyers. Sellers in Burwood itself are offering an average vendor discount of -2.98% to real estate investors.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 79.16 days.