Thinking about buying in Burwood? Now could not be a better time, with 9189 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,570,000 with prices in this suburb ranging from $92,000 to $11,020,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $439.14 |
Median Monthly Mortgage | $2466.78 |
Median Persons Per Bedroom | 0.81 |
Average Household Size | 2.78 |
Average Age | 36.53 |
Average Income | $762.64 |
Average Cars Per Dwelling | 1.66 |
Average Properties Within 50M | 34 |
1 Bed  $812,000 |
2 Bed  $1,240,000 |
3 Bed  $1,781,000 |
4 Bed  $2,123,000 |
5 Bed  $2,284,000 |
6 Bed+$2,045,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Burwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Burwood provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Burwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Burwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Burwood a better buying opportunity than it may have been in the past.
Wattle Park Primary School
St Benedict's School
St Scholastica's School
Presbyterian Ladies' College
Mount Scopus Memorial College
Ashwood School
Essex Heights Primary School
Parkhill Primary School
Ashwood High School
Frank Dando Sports Academy
(While the above schools are located with the suburb of Burwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
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