BURNSIDE 3023
State: VICPosiProp AI Investment Summary
BURNSIDE (VIC 3023) 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 Down -2.1%, with a median house buy price of $810,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$682,500
$770,000
$875,000
$810,000
Suburb Market Profile
Last month Burnside had 3 properties available for rent and 19 properties for sale. Median property prices over the last year range from $810,000 for houses to $680,000 for units. If you are looking for an investment property, consider houses in Burnside rent out for $565 PW with an annual rental yield of 3.6% and units rent for $580 PW with a rental yield of 4.5%. Burnside has seen an annual compound growth rate of -2.1% for houses.
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