AREA REPORTS

Burnside

 

 

QLD/
Burnside

Suburb Profile

Burnside - FREE SUBURB PROFILE REPORT
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 $449,000.

The upward trend in home prices in BURNSIDE, 4560 averaged 2.34% per annum over a 3-year period.

Average weekly rents on listings have reached the $427.5 mark, reflecting a 4.95% increase in returns based on the current median price in BURNSIDE.

An average of 4.92 real estate transactions take place per month in BURNSIDE which translates to 59 per annum.

59 properties were sold in BURNSIDE in 2016, making it the 176th most active market in QLD based on total real estate transactions.

BURNSIDE, 4560 places 363rd 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 $449,000 N/A
GROWTH REPORT
Median Quarterly 0.62% N/A
Median 12 month 6.15% N/A
Median 3 years 7.03% N/A
Median 5 years 28.29% N/A
10 years average annual 2.57% N/A
Weekly media advert. rent $427.5 N/A
Time on Market 42.9 days N/A
Gross Rental Yield Percent 4.95% N/A
demographics (median values)
Total Population
1597
Weekly Household Income
795.7
Household Size
2.70
demographics
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