BURNSIDE HEIGHTS 3023
State: VICPosiProp AI Investment Summary
BURNSIDE HEIGHTS (VIC 3023) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 7.5%, with a median house buy price of $790,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$842,500
$728,500
$830,000
$790,000
Suburb Market Profile
Last month Burnside Heights had 11 properties available for rent and 17 properties for sale. Median property prices over the last year range from $790,000 for houses to $460,000 for units. If you are looking for an investment property, consider houses in Burnside Heights rent out for $570 PW with an annual rental yield of 3.7% and units rent for $580 PW with a rental yield of 4.4%. Burnside Heights has seen an annual compound growth rate of 7.5% for houses and 2.9% for units.
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