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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

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

102/310 Burwood Hwy, Burwood

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Great Investment of Two Bedrooms With A Front Yard

Situated right across from Deakin University, this sleek and chic apartment is fully furnished. Transport is located out the front of the building, on Burwood Highway, and takes you to local shops in minutes, or Melbourne City center in approximately thirty minutes. The building features a ...

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VIC 3125


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