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Burrawang
AREA REPORTS

Burrawang

Burrawang - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2577

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BURRAWANG, 2577 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,600,000.

Profits due to an upward trend in home prices in the suburb averaged 7.77% per annum over a 3-year period.

BURRAWANG now ranks at the 1095th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BURRAWANG are low, as opposed to average gains per annum over the past five years.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BURRAWANG, homes and units usually stay on listing for an average of 68.2 days.

In 2016, 22 properties were sold in BURRAWANG during the past year, making it the 892nd most active market in NSW based on total real estate transactions.

Data report can be found below

Burrawang
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,600,000 N/A
GROWTH REPORT
Median Quarterly 2.24% N/A
Median 12 month N/A N/A
Median 3 years 23.31% N/A
Median 5 years 74.86% N/A
10 years average annual 13.71% N/A
Weekly media advert. rent N/A N/A
Time on Market 68.2 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
15414
Weekly Household Income
1312
Household Size
2.40
Age
45
Monthly Loan Repayment
1790
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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