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AREA REPORTS

Burnside Heights

Suburb Profile

Burnside Heights - FREE SUBURB PROFILE REPORT

POSTAL CODE: VIC,3023

house

Property investors have seen a 5.46% gain in BURNSIDE HEIGHTS based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BURNSIDE HEIGHTS, 3023 saw average growth in the long term.

The VIC 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 $627,500

Profits averaged 2.98% per annum over a 3-year period, due to an upward trend in home prices in BURNSIDE HEIGHTS, 3023.

This means, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

The gross rental yield in BURNSIDE HEIGHTS, 3023 is 3.65%.

An average of 5 real estate transactions take place per month in BURNSIDE HEIGHTS which translates to 60 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$627,500	N/A
GROWTH REPORT
Median Quarterly	5.46%	N/A
Median 12 month	1.21%	N/A
Median 3 years	8.94%	N/A
Median 5 years	42.61%	N/A
10 years average annual	5.49%	N/A
Weekly media advert. rent	$440	N/A
Time on Market	35.1 days	N/A
Gross Rental Yield Percent	3.65%	N/A

demographics (median values)

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mortgage
calculators

Having your finances in order is essential to any successful investment. Use our calculators below to help plan your investment strategy and maximise your investment potential.

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Apollo Bay

48.63%
Millers Point

47.61%
Boston

47.58%
East Bairnsdale

47.54%
Mathoura

46.21%
Tomakin

45.97%
Zeehan

45.81%
Grenfell

45.45%
Toorak

45.27%
Balwyn

44.92%

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Burnside Heights

Suburb Profile