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Burnside

Burnside - 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 $559,500.

The upward trend in home prices in BURNSIDE, 4560 averaged 9.86% per annum over a 3-year period.

Average weekly rents on listings have reached the $457.5 mark, reflecting a 4.25% increase in returns based on the current median price in BURNSIDE.

An average of 6.17 real estate transactions take place per month in BURNSIDE which translates to 74 per annum.

74 properties were sold in BURNSIDE in 2016, making it the 123rd most active market in QLD based on total real estate transactions.

BURNSIDE, 4560 places 145th 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	$559,500	N/A
GROWTH REPORT
Median Quarterly	8.64%	N/A
Median 12 month	17.79%	N/A
Median 3 years	29.59%	N/A
Median 5 years	30.27%	N/A
10 years average annual	4.1%	N/A
Weekly media advert. rent	$457.5	N/A
Time on Market	36.0 days	N/A
Gross Rental Yield Percent	4.25%	N/A

demographics (median values)*

Total Population

1597

Weekly Household Income

795.7

Household Size

2.70

Age

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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Top 10 Birth Countries

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12 MONTH GROWTH

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Queenton

69.76%
Flying Fish Point

69.61%
Point Piper

69.17%
Glenelg South

69.02%
Pretty Beach

69.01%
Bar Beach

68.9%
Northampton

68.7%
Kembla Grange

66.91%
Boomerang Beach

66.67%
Gnarabup

66.67%

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