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Investment Property Burwood, VIC, 3125

Suburb Snapshot

Burwood is a suburb in the Whitehorse Region of Victoria. Burwood has a population of 15,027 people and 33.72% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 2.04% over the past year and changed 4.21% over 2 years.

The median rent in Burwood for houses is $640 per week and the median rental yield is 2.66%. Stock on the market for houses/townhouses has changed -21.74% compared to last year and the average time to sell a house/townhouse is 58 days.The median listing price for units is $527,000 and this has changed 12.12% over the past year. The average unit takes 144 days to sell and the median rent for a unit in Burwood is $375 per week, producing a rental yield of 3.70%.

Supply & Demand in Burwood, Whitehorse

1.53%

Current vacancy rate


107

Rental stock available


15,027

Population


33.72%

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, Whitehorse

  House Townhouses Units
Median listing price $1,250,000 $1,000,000 $527,000
Median price change - last quarter 4.16% 0.00% 0.00%
Median price change - 1 year 2.04% 0.00% 12.12%
Median price change - 2 years 4.21% 2.04% 5.40%
  House Townhouses Units
Median weekly rent $640 $750 $375
Median yield % 2.66% 3.90% 3.70%
Median rent change - 1 year 7.56% 4.16% -2.60%
  House Units
Previous month sales 12 5
Stock on market previous month 54 64
Stock variance vs. last year -21.74% -5.88%
Average days on market 58 144

Burwood investment property listings

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