Over the last year, property investments in Burwood, 3125 have given investors a capital gain of -15.51%. This compares very badly with the -1.69% for VIC as a whole.
If we look at median property appreciation over just the last three months, Burwood has given property investors a paper return of -4.13%. This puts Suburb as 621 on a list of fastest fasting appreciating suburbs in VIC
Burwood3125 is located in VIC which offers an average discount of -6.82% to property investors. Burwood itself is showing figures that indicate -8.00% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Burwood the average time real estate has been on the market is 80.3725 days.
Renters in Suburb are facing rents around $27300 per annum or $525 every week.
If you compare the increase in value of investment property in Burwood, 3125 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.00%.
Over the longer term, Burwood has seen property prices show investors a 4.90% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Burwood is offering property investors an average of -6.24. This rate of discount on properties puts Suburb at number 61th in terms of most discounted suburbs in VIC
Burwood, 3125’s gross rental yield is 3.07%