Burswood

POSTAL CODE: WA, 6100

HOUSE

UNIT

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 $1,266,000.

The upward trend in home prices in BURSWOOD, 6100 averaged 8.87% per annum over a 3-year period.

Average weekly rents on listings have reached the $850 mark, reflecting a 3.49% increase in returns based on the current median price in BURSWOOD.

An average of 1.42 real estate transactions take place per month in BURSWOOD which translates to 17 per annum.

17 properties were sold in BURSWOOD in 2016, making it the 382nd most active market in WA based on total real estate transactions.

BURSWOOD, 6100 places 441st in Australia based on median property value growth during the quarter.

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 $671,000.

Average median unit prices in WA have risen as a whole, pulling BURSWOOD, 6100 values up and netting property investors a capital gain of 13.73% for the past year.

Investors saw the median home price rise to $671,000.

The upward trend in home prices in BURSWOOD, 6100 averaged 3.64% per annum over a 3-year period.

BURSWOOD now ranks at the 119th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BURSWOOD are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In BURSWOOD, homes and units usually stay on listing for an average of 41.3 days.

133 properties were sold in BURSWOOD in 2016, making it the 142nd most active market in WA based on total real estate transactions.

Surburb overview

Burswood, located approximately 3 kilometres east of Perth's central business district, is an inner southeastern suburb renowned for its entertainment and recreational facilities. As of the 2021 Census, Burswood had a population of 2,779 residents, with a median age of 37. The suburb's demographic profile includes a significant proportion of professionals and a notable Chinese community, with 8.8% of residents reporting Chinese ancestry.

Public transportation in Burswood is well-developed. The Burswood railway station on the Armadale Line provides direct access to Perth's CBD and surrounding areas. Additionally, multiple bus services operate within the suburb, enhancing connectivity for residents and visitors.

Burswood is home to several essential establishments and attractions. The Crown Perth complex offers a casino, hotels, restaurants, and entertainment venues, serving as a major draw for locals and tourists. The suburb also houses Optus Stadium, a 60,000-seat multi-purpose venue hosting various sports and entertainment events. Belmont Park Racecourse and the State Tennis Centre further contribute to the area's recreational offerings.

Recreational activities in Burswood are abundant, with Burswood Park providing scenic walking trails along the Swan River, picnic areas, and public art installations. The park's proximity to the river allows for water-based activities, including kayaking and paddleboarding. The suburb's vibrant atmosphere is complemented by various dining and entertainment options, particularly within the Crown Perth precinct.

The property market in Burswood reflects its inner-city appeal and amenities. As of December 2024, the median house price is approximately $1.27 million, with a median weekly rent of $820. The suburb features a mix of residential properties, including apartments and townhouses, catering to diverse preferences.

Burswood offers a dynamic urban lifestyle with convenient access to Perth's CBD, comprehensive public transport, and entertainment and recreational facilities, making it an attractive location for professionals and families.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,266,000	$671,000
Growth Report
Median Quarterly	0.44%	1.74%
Median 12 month	15.09%	13.73%
Median 3 years	26.6%	10.91%
Median 5 years	104.19%	14.7%
10 years average annual	5.82%	0.96%
Weekly media advert. rent	$850	$750
Time on Market	31.9 days	41.3 days
Gross Rental Yield Percent	3.49%	5.81%

Demographics (Median Values)*

Total Population 14480

Weekly Household Income 1679

Household Size 2.20

Average Age 34

Monthly Loan Repayment 2045

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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