Back to Suburb Insights
Burwood Heights Suburb Insights
VICLocation Information
Suburb Name
Burwood Heights, VIC
Distance from CBD
9 kmDemographics
Population
989
Median Income
$32,292
Area Information
Area
0.23 km²
Population Density
4300 people/km²
Property Market
Median Price
$955,496
Annual Growth
+10.2%Property Price Trend Analysis
Current Median Price
$955,496
Annual Growth
+10.2%
Quarterly Growth
+2.2%
Price Trends - Last 6 Months
2024-01
$638,867
+4.5%2024-02
$999,939
+6.4%2024-03
$443,299
+13.3%2024-04
$724,152
+12.4%2024-05
$971,743
+7.8%2024-06
$522,403
+11.9%Property Type Price Analysis
House
Median Price
$887,914
Growth Rate
+11.6%Available Listings
103 properties
Apartment
Median Price
$632,775
Growth Rate
+14.6%Available Listings
592 properties
Townhouse
Median Price
$992,497
Growth Rate
+16.4%Available Listings
214 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy