With a capital gain of 5.21% for the last 12 months, Burwood East, 3151 has performed for property investments than its average annual 8.34% property growth over the last 5 years.
Burwood East,3151 has offered an average of 5.21% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -5.79% to buyers in Burwood East at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $460 mark per week – giving a return of 2.13% based on the median price in Suburb
Burwood East has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 24.07% to date .
The five-year average increase in median property values for Burwood East,3151 has given property investors a potential capital gain of 58.96% across each of those five years.
Property investors looking for a bargain in Burwood East should be aiming for at least -8.81% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 15.69km from the CBD, Burwood East is one of Whitehorse localities in the postcode 3151.