Burwood East, 3151 ranked 288th in VIC when comparing growth in median property values or capital gain over the last 12 months. Burwood East is one of 2099 in our list for VIC
Taking the average capital gain, or increase in median house value, Burwood East,3151 has racked up an average of 3.00% over the period. This ranks it number 2660th in the whole country for real estate investors looking at median house price increases.
Burwood East3151 is located in VIC which offers an average discount of -6.51% to property investors. Burwood East itself is showing figures that indicate -6.98% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Burwood East being $1048000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 2.33%
Over the last year, property investments in Burwood East, 3151 have given investors a capital gain of -17.50%. This compares very badly with the 6.11% for VIC as a whole.
Burwood East,3151 has offered an average of -17.50% return per annum in house price rises to property investors over the last three years.
At number 67 in a list of fastest selling suburbs, Burwood East is in the TOP 10% of suburbs in Australia with an average of days on market 42.3636 for properties listed there.
Burwood East is 267th on a list of best yielding suburbs for rents in VIC with a 3.58% return