Property investors who have had real estate in Burwood, 3125 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 13.95%
Across a shorter period, Burwood, 3125 has seen a median price increase of 3.85% over the last quarter.
Burwood, 3125 is offering VIC ‘s 516th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
On average over the past year, suburb has had 12.42 sales per month, which equates to 149 per year.
Property investors should expect to get $487.5 weekly from the median priced house in this suburb.
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 7.15%
The five-year average increase in median property values for Burwood,3125 has given property investors a potential capital gain of 39.43% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Burwood is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 231th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 11.58 sales per month, which equates to 139 per year.