In Burnt Yards there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Burnt Yards is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Burnt Yards changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Burnt Yards the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary(While the above schools are located with the suburb of Burnt Yards there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
|24-05-2021||$1,735,000||418 BURNT YARDS RD BURNT YARDS 2792|
|05-03-2020||$248,000||1260 BURNT YARDS RD BURNT YARDS 2792|
|29-11-2017||$1,300,000||375 BURNT YARDS RD BURNT YARDS 2792|
|14-05-2015||$140,000||1260 BURNT YARDS RD BURNT YARDS 2792|
|23-01-2009||$485,000||801 BURNT YARDS RD BURNT YARDS 2792|
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