Market snapshot
Suburb insights for Burwood3125
Change suburbBurwood is located 14 km east of the CBD. The Burwood Highway transverses the suburb. The neighbourhood is mainly residential and features tracts of open space scattered throughout the suburb including Gardiners Creek Reserve Bennettswood Sports Ground and Wattle Park. The suburb also features a number of retirement villages and nursing homes as well as Deakin University - Burwood Campus and the Burwood Cemetery.
Recent sales and auction results in Burwood
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 12 Montpellier Rd, Burwood | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Burwood | View |
| 1/24 Leopold St, Burwood | 2 |  | Unit | Auction Sale | 18/07/2024 | Buxton | View |
| 50 Station St, Burwood |  | Land (Res) | Passed in at Auction | 16/07/2024 | Barry Plant | View | |
| 2/15 Renown St, Burwood | 3 |  | Unit | Sold Before Auction | 11/07/2024 | Marshall White & Co | View |
| 5 Corrigan St, Burwood | 4 | | House (Res) | Passed in at Auction | 20/07/2024 | Buxton | View |
| 4/7 La Frank St, Burwood | 2 | | House (Res) | Auction Sale | 20/07/2024 | Ray White Burwood | View |
Sales data
Median sale price
$1.4mil
Quarterly price change
-3.9%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | - | $902,500 |
| 3 | $1,302,500 | $810,000 |
| 4 | $1,630,000 | $955,000 |
| Insight | Burwood | Metro comparison |
|---|---|---|
| Clearance rate | 78.4% | 73.8% |
| Days on market | 41 | 42 |
Rental data
Median weekly rent
$623
Rental yield
2.2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | $500 | $550 |
| 3 | $613 | $540 |
| 4 | $753 | $580 |
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