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Burns Beach
AREA REPORTS

Burns Beach

Burns Beach - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6028

house

Property investors in BURNS BEACH enjoyed capital gains of 7.53% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $892,500.

Profits due to an upward trend in home prices there averaged 2.55% per annum over a 3-year period.

Home owners selling their properties and realtors in BURNS BEACH usually have to wait an average of 49.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $710 mark, reflecting a 4.14% increase in returns based on the current median price in BURNS BEACH.

BURNS BEACH, 6028 places 387th in Australia based on median property value growth during the quarter.

Data report can be found below

Burns Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $892,500 N/A
GROWTH REPORT
Median Quarterly 0.56% N/A
Median 12 month 7.53% N/A
Median 3 years 7.66% N/A
Median 5 years -2.46% N/A
10 years average annual 1.22% N/A
Weekly media advert. rent $710 N/A
Time on Market 49.6 days N/A
Gross Rental Yield Percent 4.14% N/A
demographics (median values)*
Total Population
22440
Weekly Household Income
2289
Household Size
3.10
Age
37
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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