BURNLEY 3121
State: VICPosiProp AI Investment Summary
BURNLEY (VIC 3121) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Down -0.3%, with a median house buy price of $1,425,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,170,000
$1,555,000
$2,000,000
$1,425,000
Suburb Market Profile
Last month Burnley had 4 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,425,000 for houses to $546,250 for units. If you are looking for an investment property, consider houses in Burnley rent out for $900 PW with an annual rental yield of 3.3% and units rent for $500 PW with a rental yield of 5.7%. Burnley has seen an annual compound growth rate of -0.3% for houses and 79.1% for units.