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.
Sales data
Median sale price
$1.5mil
Quarterly price change
11.7%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | $875,000 | $881,200 |
| 3 | $1,296,000 | $810,000 |
| 4 | $1,530,000 | $942,350 |
| Insight | Burwood | Metro comparison |
|---|---|---|
| Clearance rate | 82.1% | 78.5% |
| Days on market | 49 | 42 |
Rental data
Median weekly rent
$670
Rental yield
2.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $630 | $550 |
| 4 | $820 | $600 |
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