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Investment Property Burwood East, VIC, 3151

Suburb Snapshot

Burwood East is a suburb in the Whitehorse Region of Victoria. Burwood East has a population of 10,269 people and 23.47% of its occupants live in rental accommodation. The median listing price for houses is $1,150,000 and this has changed 15.00% over the past year and changed 15.00% over 2 years.

The median rent in Burwood East for houses is $600 per week and the median rental yield is 2.71%. Stock on the market for houses/townhouses has changed 26.47% compared to last year and the average time to sell a house/townhouse is 38 days.The median listing price for units is $525,000 and this has changed -0.95% over the past year. The average unit takes 136 days to sell and the median rent for a unit in Burwood East is $585 per week, producing a rental yield of 5.79%.

Supply & Demand in Burwood East, Whitehorse

1.02%

Current vacancy rate


55

Rental stock available


10,269

Population


23.47%

Rental population


1.07%

Current vacancy rate


819

Rental stock available


162,076

Population


25.58%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Burwood East, Whitehorse

  House Townhouses Units
Median listing price $1,150,000 $1,025,000 $525,000
Median price change - last quarter 0.00% 0.00% -4.68%
Median price change - 1 year 15.00% -5.10% -0.95%
Median price change - 2 years 15.00% -5.10% -9.49%
  House Townhouses Units
Median weekly rent $600 $830 $585
Median yield % 2.71% 4.21% 5.79%
Median rent change - 1 year 3.44% 3.75% 4.46%
  House Units
Previous month sales 9 2
Stock on market previous month 43 14
Stock variance vs. last year 26.47% -22.22%
Average days on market 38 136

Burwood East investment property listings

Showing 1 of 1 investment properties found in Burwood East on realestateinvestar.com.au

N/A, Burwood East

$1,150,000

property pic

A brand new townhouse ...

A brand new townhouse. Now under construction. Quality inclusions. Close to parks, shops, schools and public transport. Stamp duty savings apply. Great home, an excellent investment. For further details, please contact Jakub Kugler on 0410 298 600 or send us an email enquiry for a prompt reply. ...

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4

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3

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2

House

VIC 3151


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