AREA REPORTS

Burrawang

 

 

NSW/
Burrawang

Suburb Profile

Burrawang - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2577

house

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

Average median house prices in NSW have risen as a whole, pulling BURRAWANG, 2577 values up and netting property investors a capital gain of 6.18% for the past year.

Investors saw the median home price rise to $1,375,000.

Profits due to an upward trend in home prices in the suburb averaged 23.96% per annum over a 3-year period.

BURRAWANG now ranks at the 1057th 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 0.0 days.

In 2016, 13 properties were sold in BURRAWANG during the past year, making it the 1278th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,375,000 N/A
GROWTH REPORT
Median Quarterly -4.35% N/A
Median 12 month 6.18% N/A
Median 3 years 71.88% N/A
Median 5 years 107.23% N/A
10 years average annual 7.52% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
176
Weekly Household Income
1159
Household Size
2.00
demographics
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