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 3.6% and has experienced a 12-month capital growth of Up 9.9%, with a median house buy price of $1,385,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,310,000
$1,500,000
$1,755,000
$1,385,000
Suburb Market Profile
Last month Burnley had 8 properties available for rent and 5 properties for sale. Median property prices over the last year range from $1,385,000 for houses to $530,000 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 3.6% and units rent for $495 PW with a rental yield of 5.3%. Burnley has seen an annual compound growth rate of 9.9% for houses and 4.6% for units.
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