The Seasonal Slowdown Is Already Over: Auctions Are Back For 2022
The property market has had an earlier than usual jumpstart in January 2022. ...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,625,000.
Average weekly rents on listings have reached the $685 mark, reflecting a 2.19% increase in returns based on the current median price in BURNLEY.
An average of 0.92 real estate transactions take place per month in BURNLEY which translates to 11 per annum.
11 properties were sold in BURNLEY in 2016, making it the 778th most active market in VIC based on total real estate transactions.
BURNLEY, 3121 places 657th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||39.48%||N/A|
|10 years average annual||11.02%||N/A|
|Weekly media advert. rent||$685||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.19%||N/A|