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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 $572,500 and this has changed 4.09% over the past year and changed 12.47% over 2 years.

The median rent in Burnie for houses is $380 per week and the median rental yield is 3.45%. 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 155 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 114 days to sell and the median rent for a unit in Burnie is $280 per week, producing a rental yield of NA.

Supply & Demand in Burnie, Burnie

2.55%

Current vacancy rate


12

Rental stock available


603

Population


34.18%

Rental population


0.79%

Current vacancy rate


77

Rental stock available


18,891

Population


27.61%

Rental population


0.49%

Current vacancy rate


1,351

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 $572,500 NA NA
Median price change - last quarter -1.23% NA NA
Median price change - 1 year 4.09% NA NA
Median price change - 2 years 12.47% NA NA
  House Townhouses Units
Median weekly rent $380 NA $280
Median yield % 3.45% NA NA
Median rent change - 1 year 8.57% NA -3.45%
  House Units
Previous month sales 0 1
Stock on market previous month 6 5
Stock variance vs. last year -40.00% -28.57%
Average days on market 155 114

Burnie investment property listings

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