Suburb Profile Report for Burwood VIC (3125)

Burwood House: Median price $1,320,000, Annual capital growth 7.90%, Number of sales 146, Weekly median advertised rent $500

Burwood Unit: Median price $720,000, Annual capital growth 5.85%, Number of sales 59, Weekly median advertised rent $420

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

VIC has seen average median house prices change by 3.76% which means that Burwood, 3125 has done well for property investors by showing a capital gain of -4.86% over the last year

Comparing Burwood,3125 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 118th of VIC’s most discounted properties, Burwood is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Investment property in Burwood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.00%

Burwood,3125 was ranked 1412 in Australia by increase in median property value over the quarter.

At number 187th of VIC’s most discounted properties, Burwood is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Situated 14.07km from the CBD, Burwood is one of Whitehorse (C) localities in the postcode 3125.

Metrics i HOUSE UNIT
$1,320,000 $720,000
-2.71% -4.32%
-4.86% -4.00%
7.90% 5.85%
$500 $420
146 59
1.97% 3.03%
59.83 82.86

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 13162
Median household income ($/weekly) 1099
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1273 9.7
    20-24 years 1951 14.8
    25-34 years 1806 13.7
    35-44 years 1665 12.6
    45-54 years 1429 10.9
    Others 5039 38.3
    Age Group
    Census Count Percent(%)
    Not Married 5273 52.7
    Registered Married 4178 41.8
    Defacto Relationship 555 5.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7162 57.0
    Croatia 1515 12.1
    Malta 379 3.0
    United Kingdom 395 3.1
    Other 563 4.5
    Others 2555 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 879 7.3
    Christianity 6752 55.8
    Hinduism 301 2.5
    Islam 228 1.9
    No Religion 3808 31.5
    Others 138 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 334 7.9
    $400-$599 457 10.8
    $600-$799 348 8.2
    $1,500-$1,999 464 10.9
    $2,500-$2,999 374 8.8
    Others 2271 53.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4794 44.5
    Employed, worked full-time 3119 28.9
    Employed, worked part-time 2075 19.3
    Unemployed, looking for work 498 4.6
    Employed, away from work 292 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 771 14.1
    Professionals 1636 29.8
    Community & personal service workers 577 10.5
    Clerical & administrative workers 832 15.2
    Sales 546 10.0
    Others 1120 20.4
    Occupation
    Census Count Percent(%)
    Pre-school 211 4.7
    Infants/Primary 854 18.8
    Secondary 734 16.2
    Technical or Further Educational Institution 290 6.4
    University or other Tertiary Institutions 2306 50.9
    Others 139 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9385 77.9
    Semi-detached, row or terrace house, townhouse 1624 13.5
    Flat, unit or apartment 1030 8.6
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1783 39.5
    Rented 1423 31.5
    Being purchased 1231 27.2
    Other tenure type 81 1.8
    Tenure Type
Census 2011, ABS
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