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Burnside
AREA REPORTS

Burnside

Burnside - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4560

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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

Burnside
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
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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