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Investment Property Burnie, TAS, 7320

Suburb Snapshot

Burnie is a suburb in the Burnie Region of Tasmania. Burnie has a population of 603 people and 34.18% of its occupants live in rental accommodation. The median listing price for houses is $602,500 and this has changed 10.04% over the past year and changed 16.08% over 2 years.

The median rent in Burnie for houses is $375 per week and the median rental yield is 3.23%. Stock on the market for houses/townhouses has changed -40.00% compared to last year and the average time to sell a house/townhouse is 153 days.The median listing price for units is $307,000 and this has changed 23.29% over the past year. The average unit takes 116 days to sell and the median rent for a unit in Burnie is $275 per week, producing a rental yield of 4.65%.

Supply & Demand in Burnie, Burnie

2.12%

Current vacancy rate


10

Rental stock available


603

Population


34.18%

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 Burnie, Burnie

  House Townhouses Units
Median listing price $602,500 NA $307,000
Median price change - last quarter -1.23% NA NA
Median price change - 1 year 10.04% NA 23.29%
Median price change - 2 years 16.08% NA NA
  House Townhouses Units
Median weekly rent $375 NA $275
Median yield % 3.23% NA 4.65%
Median rent change - 1 year 7.14% NA -5.18%
  House Units
Previous month sales 2 1
Stock on market previous month 9 4
Stock variance vs. last year -40.00% -42.86%
Average days on market 153 116

Burnie investment property listings

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