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Buronga

Suburb Profile

Buronga - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2739

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $272,000.

The upward trend in home prices in BURONGA, 2739 averaged 4.44% per annum over a 3-year period.

Average weekly rents on listings have reached the $350 mark, reflecting a 6.69% increase in returns based on the current median price in BURONGA.

An average of 1.75 real estate transactions take place per month in BURONGA which translates to 21 per annum.

21 properties were sold in BURONGA in 2016, making it the 869th most active market in NSW based on total real estate transactions.

BURONGA, 2739 places 764th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $272,000 N/A
GROWTH REPORT
Median Quarterly 0.74% N/A
Median 12 month -11.54% N/A
Median 3 years 13.33% N/A
Median 5 years 13.81% N/A
10 years average annual 4.51% N/A
Weekly media advert. rent $350 N/A
Time on Market 59.6 days N/A
Gross Rental Yield Percent 6.69% N/A
demographics (median values)
Total Population
804
Weekly Household Income
841.2
Household Size
2.50
demographics
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