Suburb Profile

Suburb profile for,

Burnie, TAS 7320

About Burnie

Situated in Tasmania's 7320 postcode, Burnie is a well-established residential suburb.

Demographics and Community

Burnie has a population of approximately 616, a median age of 44, a median weekly household income of $956.

Property Market Overview

The current median house price in Burnie is $465,000. Average annual growth is 4.5%.

Properties in Burnie spend an average of 47 days on market.

Rental Market

The median weekly rent for houses in Burnie is $255. Gross rental yield is 4.20%, providing a solid income return.

Nearby Suburbs

Explore other suburb profiles in the area: Montello, TAS, Park Grove, TAS, Romaine, TAS, Upper Burnie, TAS, Somerset, TAS.

Considering Burnie for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Burnie or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Burnie, TAS 7320

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
TAS
Suburb
BURNIE
Postcode
7320
Median price for all dwellings
$465,000
Last 12 months growth return
Up 4.5%
Avg. dwellings for sale in the suburb every month
11
Avg. dwellings sold in the suburb in previous 12 months
14
Avg days on market for a dwelling listing to sell
47 days
Avg. number of people searching in this suburb every month
255
Avg. rental yield per annum
4.20%
Weekly median rent for all dwellings
$255 per week
Median price for all houses
$465,000
Avg. rental yield growth in the previous 12 months
4.20%
Avg. days for a rental listing to find a tennant
19 days
Total suburb population in 2016
616
Total suburb population change in 5 years up to 2016
-11.50%
Avg. household income per week
$956
Median age of the population in the suburb
44
Historic avg annual growth return per annum in the suburb
13.88%