Burnside

POSTAL CODE: QLD, 4560

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 $950,000.

The upward trend in home prices in BURNSIDE, 4560 averaged 11.81% per annum over a 3-year period.

Average weekly rents on listings have reached the $680 mark, reflecting a 3.72% increase in returns based on the current median price in BURNSIDE.

An average of 4.58 real estate transactions take place per month in BURNSIDE which translates to 55 per annum.

55 properties were sold in BURNSIDE in 2016, making it the 220th most active market in QLD based on total real estate transactions.

BURNSIDE, 4560 places 182nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$950,000	N/A
Growth Report
Median Quarterly	6.44%	N/A
Median 12 month	13.77%	N/A
Median 3 years	35.42%	N/A
Median 5 years	90%	N/A
10 years average annual	8.75%	N/A
Weekly media advert. rent	$680	N/A
Time on Market	38.5 days	N/A
Gross Rental Yield Percent	3.72%	N/A

Demographics (Median Values)*

Total Population 1597

Weekly Household Income 795.7

Household Size 2.70

Average Age 40

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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