Suburb Profile Report for Burwood East VIC (3151)

Burwood East House: Median price $968,800, Annual capital growth 7.07%, Number of sales 89, Weekly median advertised rent $480

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Burwood East has done 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 -10.30%

When looking at the potential capital gains offered to property investors over the last 3 years, Burwood East comes in at number 606th in VIC.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.82% offered to property buyers. Sellers in Burwood East itself are offering an average vendor discount of -6.05% to real estate investors.

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

Metrics i HOUSE UNIT
$968,800 N/A
-3.12% N/A
-10.30% N/A
7.07% N/A
$480 N/A
89 N/A
2.58% N/A
64.6363636363637 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Burwood East VIC
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
Chart Table