Suburb Profile Report for Burswood WA (6100)

Burswood House: Median price $835,025, Annual capital growth -2.38%, Number of sales 13, Weekly median advertised rent $535

Burswood Unit: Median price $745,000, Annual capital growth -0.73%, Number of sales 27, Weekly median advertised rent $450

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

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

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  • House Report
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Burswood is in the bottom 10% in WA when comparing median price capital growth over the last year. Burswood gave property investors a dismal capital gain figure when compared to the rest of the state, with -18.13%.

Over the longer term, Burswood has seen property prices show investors a -24.43% return over the last 3 years. This is an improvement over the last 12 months

The most recent median price for Burswood is $835025, with sellers offering an average of -10.87% off the asking price.

Renters in Suburb are facing rents around $27820 per annum or $535 every week.

Burswood is in the TOP 10% in WA when comparing median price capital growth over the last year. Burswood gave property investors a very good capital gain figure when compared to the rest of the state, with 15.50%.

When looking at the potential capital gains offered to property investors over the last 3 years, Burswood comes in at number 10th in WA.

Burswood, 6100 is offering WA ‘s 11th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this WA.

At number 1109 in a list of fastest selling suburbs, Burswood is in the bottom 20% of suburbs in Australia with an average of days on market 106.235 for properties listed there.

The WA suburb of Burswood, 6100 is in the Victoria Park (T) local government area.

Information supplied by:


November 2017

M
O

W
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Tenants favour CBD proximity

Postcode: 6100

Median unit price: $746,500

Three-year growth: 13.1%

Rental yield: 3.4%

An inner south-eastern suburb of Perth, Burswood is home to a number of major amenities and attractions, including the sprawling Crown Perth casino and hotel complex, as well as the State Tennis Centre and the Belmont Park Racecourse.

It’s also the site of the new Perth Stadium, a 60-000-seat oval that is due to open early in 2018. The hefty new piece of infrastructure, which was constructed at a cost of $1.4bn to $1.6bn, already has a number of high profile sporting events and concerts locked in.

Here, two-bedroom units are sought after by local renters who are employed in the above-mentioned businesses as it’s close to the CBD, with many high-rise apartments offering stunning views of the Perth skyline and the Swan River.

 

Metrics i HOUSE UNIT
$835,025 $745,000
-20.55% 13.74%
-18.13% 15.50%
-2.38% -0.73%
$535 $450
13 27
3.33% 3.14%
96.6666666666667 106.235294117647

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

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 2029
Median household income ($/weekly) 1877
Median age of persons 38
Median housing loan repayment ($/monthly) 2600
Average household size 2
  • Census Count Percent(%)
    20-24 years 207 10.2
    25-34 years 489 24.1
    35-44 years 285 14.0
    45-54 years 316 15.6
    55-64 years 331 16.3
    Others 401 19.8
    Age Group
    Census Count Percent(%)
    Not Married 694 46.4
    Registered Married 630 42.1
    Defacto Relationship 173 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 780 45.7
    Malta 70 4.1
    Papua New Guinea 71 4.2
    United Kingdom 188 11.0
    Other 171 10.0
    Others 427 25.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 5.9
    Christianity 917 55.3
    Hinduism 70 4.2
    Islam 55 3.3
    No Religion 474 28.6
    Others 44 2.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 57 7.6
    $1,500-$1,999 87 11.6
    $2,000-$2,499 60 8.0
    $2,500-$2,999 142 18.9
    $3,000-$3,499 62 8.3
    Others 342 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 862 54.2
    Not in the labour force 367 23.1
    Employed, worked part-time 272 17.1
    Employed, away from work 45 2.8
    Unemployed, looking for work 43 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 245 20.7
    Professionals 305 25.8
    Technicians & trades workers 141 11.9
    Community & personal service workers 100 8.5
    Clerical & administrative workers 161 13.6
    Others 230 19.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 52 15.7
    Secondary 51 15.4
    Technical or Further Educational Institution 63 19.0
    University or other Tertiary Institutions 150 45.3
    Other type of educational institution 11 3.3
    Others 4 1.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 834 50.5
    Semi-detached, row or terrace house, townhouse 457 27.6
    Separate house 362 21.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 432 53.4
    Being purchased 200 24.7
    Fully owned 173 21.4
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
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