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AREA REPORTS

Burrill Lake

Suburb Profile

Burrill Lake - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2539

house

Property investors have seen a -4.44% drop in BURRILL LAKE based on a decrease in median home prices for the past three months.

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 $516,000

Profits averaged 7.38% 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 $370 based on current median home prices for the suburb.

The gross rental yield in BURRILL LAKE, 2539 is 3.73%.

An average of 3.42 real estate transactions take place per month in BURRILL LAKE which translates to 41 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $516,000 N/A
GROWTH REPORT
Median Quarterly -4.44% N/A
Median 12 month -6.18% N/A
Median 3 years 22.13% N/A
Median 5 years 72% N/A
10 years average annual 6.56% N/A
Weekly media advert. rent $370 N/A
Time on Market 135.3 days N/A
Gross Rental Yield Percent 3.73% N/A
demographics (median values)
Total Population
1273
Weekly Household Income
542
Household Size
2.10
demographics
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