Profile for Burwood

3125

Burwood 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.

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$1.1mil

Metro Melbourne

$864k

Quarterly Price Change

-14.8%

Metro Melbourne

-3.5%

Median Rent

$500

Metro Melbourne

$470

Rental Yield

2.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 66.1%
Days on Market 31 39
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $910,250
3 Bedrooms $1,176,000 $760,000
4 Bedrooms $1,367,500 $910,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $408 $500
3 Bedrooms $500 $440
4 Bedrooms $643 $495

Median data for June 2020 Quarter. Click here for details.

Median Sale Price

$790k

Metro Melbourne

$621k

Quarterly Price Change

-1.3%

Metro Melbourne

-2.5%

Median Rent

$530

Metro Melbourne

$430

Rental Yield

3.3%

Metro Melbourne

3.5%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70% 66.1%
Days on Market 31 39
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $385,000
2 Bedrooms $738,888 $591,000
3 Bedrooms $884,750 $785,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $425 $450
3 Bedrooms $565 $525

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