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Investment Property Upper Burnie, TAS, 7320

Suburb Snapshot

Upper Burnie is a suburb in the Burnie Region of Tasmania. Upper Burnie has a population of 1,824 people and 33.43% of its occupants live in rental accommodation. The median listing price for houses is $437,000 and this has changed 2.22% over the past year and changed 9.52% over 2 years.

The median rent in Upper Burnie for houses is $400 per week and the median rental yield is 4.75%. Stock on the market for houses/townhouses has changed -37.50% compared to last year and the average time to sell a house/townhouse is 117 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 74 days to sell and the median rent for a unit in Upper Burnie is $295 per week, producing a rental yield of NA.

Supply & Demand in Upper Burnie, Burnie

0.66%

Current vacancy rate


7

Rental stock available


1,824

Population


33.43%

Rental population


0.71%

Current vacancy rate


69

Rental stock available


18,891

Population


27.61%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Upper Burnie, Burnie

  House Townhouses Units
Median listing price $437,000 NA NA
Median price change - last quarter 0.45% NA NA
Median price change - 1 year 2.22% NA NA
Median price change - 2 years 9.52% NA NA
  House Townhouses Units
Median weekly rent $400 NA $295
Median yield % 4.75% NA NA
Median rent change - 1 year 5.26% NA 1.72%
  House Units
Previous month sales 4 0
Stock on market previous month 15 5
Stock variance vs. last year -37.50% 66.67%
Average days on market 117 74

Upper Burnie investment property listings

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