Suburb Profile Report for Burwood East VIC (3151)

Burwood East House: Median price $1,105,500, Annual capital growth 9.19%, Number of sales 120, Weekly median advertised rent $455

Burwood East Unit: Median price $695,000, Annual capital growth 7.28%, Number of sales 27, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report
  • Unit Report

Burwood East, 3151 ranked 440th in VIC when comparing growth in median property values or capital gain over the last 12 months. Burwood East is one of 2098 in our list for VIC

Across a shorter period, Burwood East, 3151 has seen a median price increase of 0.50% over the last quarter.

Using the current median advertised rental of $455 and the average annual increase in value of a median property of 9.19%, investors should hope to achieve an overall return of 2.14%

VIC has seen average median house prices change by 6.72% which means that Burwood East, 3151 has done well for property investors by showing a capital gain of 14.88% over the last year

While Burwood East,3151 ranked number 257th in VIC for increase in median house value (annualised) increase, it is ranked 71th over the last 5 years.

The VIC suburb of Burwood East, 3151 is in the Whitehorse local government area.

Metrics i HOUSE UNIT
$1,105,500 $695,000
0.50% 0.07%
10.22% 14.88%
9.19% 7.28%
$455 $415
120 27
2.14% 3.11%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 10141
Median household income ($/weekly) 1174
Median age of persons 40
Median housing loan repayment ($/monthly) 1822
Average household size 2.7
  • Census Count Percent(%)
    25-34 years 1397 13.8
    35-44 years 1298 12.8
    45-54 years 1221 12.0
    55-64 years 1055 10.4
    65-74 years 1239 12.2
    Others 3931 38.8
    Age Group
    Census Count Percent(%)
    Registered Married 4311 52.3
    Not Married 3608 43.8
    Defacto Relationship 320 3.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5160 52.4
    Croatia 1110 11.3
    Hong Kong 506 5.1
    Indonesia 332 3.4
    Other 491 5.0
    Others 2243 22.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 793 8.4
    Christianity 5669 60.0
    Hinduism 357 3.8
    Islam 114 1.2
    No Religion 2391 25.3
    Others 122 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 381 11.6
    $600-$799 350 10.6
    $1,500-$1,999 382 11.6
    $2,000-$2,499 291 8.8
    $2,500-$2,999 273 8.3
    Others 1616 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3618 43.0
    Employed, worked full-time 2713 32.2
    Employed, worked part-time 1520 18.1
    Unemployed, looking for work 290 3.4
    Employed, away from work 276 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 517 11.5
    Professionals 1254 27.8
    Technicians & trades workers 546 12.1
    Clerical & administrative workers 689 15.3
    Sales 477 10.6
    Others 1022 22.7
    Occupation
    Census Count Percent(%)
    Pre-school 165 6.2
    Infants/Primary 594 22.4
    Secondary 573 21.6
    Technical or Further Educational Institution 192 7.3
    University or other Tertiary Institutions 1039 39.2
    Others 85 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9049 92.8
    Semi-detached, row or terrace house, townhouse 601 6.2
    Flat, unit or apartment 98 1.0
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1740 49.0
    Being purchased 994 28.0
    Rented 753 21.2
    Other tenure type 64 1.8
    Tenure Type
Census 2011, ABS
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