REDBANK PLAINS 
2 MIN READIndustry Sets Expectations For Albanese Government
Now that the 2022 federal election has been decided, the industry is watching keenly to see how Labor’s housing promis...
Read More
Burrill LakeBurrill Lake - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 5.16% gain in BURRILL LAKE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BURRILL LAKE, 2539 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 54.81%.
Based on its average 5-year and quarterly capital gains BURRILL LAKE, 2539 saw average growth in the long term.
The NSW suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $836,000
Profits averaged 17.33% per annum over a 3-year period, due to an upward trend in home prices in BURRILL LAKE, 2539.
This means, real estate investors could earn a rental income of $466.5 based on current median home prices for the suburb.
The gross rental yield in BURRILL LAKE, 2539 is 2.9%.
An average of 5.42 real estate transactions take place per month in BURRILL LAKE which translates to 65 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $836,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.16% | N/A |
| Median 12 month | 54.81% | N/A |
| Median 3 years | 52% | N/A |
| Median 5 years | 86.82% | N/A |
| 10 years average annual | 12.86% | N/A |
| Weekly media advert. rent | $466.5 | N/A |
| Time on Market | 48.2 days | N/A |
| Gross Rental Yield Percent | 2.9% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
