Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $345,000 | 0.0% | $405 | $555,000 | 84 |
| 2010 | $400,000 | +13.8% | $295,000 | $580,000 | 52 |
| 2011 | $420,000 | +4.8% | $340,500 | $665,000 | 30 |
| 2012 | $382,000 | -9.9% | $157,000 | $675,000 | 29 |
| 2013 | $385,000 | +0.8% | $41,600 | $560,000 | 41 |
| 2014 | $425,500 | +9.5% | $290,000 | $655,000 | 54 |
| 2015 | $469,000 | +9.3% | $330,000 | $750,000 | 61 |
| 2016 | $491,000 | +4.5% | $350,000 | $780,000 | 56 |
| 2017 | $595,000 | +17.5% | $460,000 | $955,000 | 40 |
| 2018 | $605,000 | +1.7% | $440,000 | $855,000 | 31 |
| 2019 | $616,000 | +1.8% | $450,000 | $920,000 | 38 |
| 2020 | $666,000 | +7.5% | $470,000 | $1,050,000 | 40 |
| 2021 | $720,000 | +7.5% | $480,000 | $1,190,000 | 51 |
| 2022 | $795,000 | +9.4% | $570,000 | $1,370,000 | 61 |
| 2023 | $752,500 | -5.6% | $520,000 | $1,095,000 | 38 |
| 2024 | $700,000 | -7.5% | $630,000 | $930,000 | 13 |
Median Sale Price
$752K
Based on 43 recorded sales within the last 12 months
Updated on 27 Apr 2024
Suburb Growth
-4.4%
Current Median Price: $752,000
Previous Median Price: $785,000
Based on 88 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $270 | $450 | 34 |
| 2012 | $350 | +2.9% | $250 | $420 | 43 |
| 2013 | $350 | 0.0% | $220 | $480 | 56 |
| 2014 | $355 | +1.4% | $210 | $550 | 35 |
| 2015 | $360 | +1.4% | $300 | $450 | 42 |
| 2016 | $365 | +1.4% | $275 | $500 | 35 |
| 2017 | $380 | +3.9% | $330 | $550 | 30 |
| 2018 | $400 | +5.0% | $330 | $560 | 33 |
| 2019 | $430 | +7.0% | $370 | $650 | 37 |
| 2020 | $450 | +4.4% | $350 | $560 | 40 |
| 2021 | $430 | -4.7% | $340 | $565 | 30 |
| 2022 | $450 | +4.4% | $350 | $660 | 38 |
| 2023 | $475 | +5.3% | $380 | $2,167 | 31 |
| 2024 | $560 | +15.2% | $380 | $650 | 9 |
Median Rent Price
$480
per week
Based on 26 recorded rent within the last 12 months
Updated on 27 Apr 2024
Rent Price Growth
+6.3%
Current Median Rent: $480
Previous Median Rent: $450
Based on 64 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $752,000
Current Median rent: $480
Based on 69 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Burnside
Houses sold in Last 12 months ends 20 Apr 2024
$1.01M
Median Sale Price
75%
Clearance Rate
3/4
Sold/Reported
$1.01M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M (Median Price Range) | 1 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Burnside 3023
Based on median house sale price sold in last 12 months
Schools closest to Burnside, VIC 3023
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Victoria University Secondary College Deer Park Campus | Deer Park 3023 | Secondary | Government | 1.38 km |
| Christ the Priest Catholic Primary School | Caroline Springs 3023 | Primary | Catholic | 1.45 km |
| Brookside P-9 College | FEDERATION WAYCaroline Springs 3023 | Combined | Government | 1.61 km |
| St Peter Chanel Primary School | 848 BALLARAT RDDeer Park 3023 | Primary | Catholic | 1.89 km |
| Kororoit Creek Primary School | 130 TENTERFIELD DRIVEBurnside Heights 3023 | Primary | Government | 2.14 km |
| Deer Park West Primary School | QUINN STREETDeer Park 3023 | Primary | Government | 2.23 km |
| Creekside K-9 College | THE CROSSINGCaroline Springs 3023 | Combined | Government | 2.56 km |