Suburb Profile

Suburb profile for,

Burnley, VIC 3121

About Burnley

Burnley is a residential suburb in Victoria, sitting within the 3121 postcode.

Demographics and Community

Burnley has a population of approximately 791, a median age of 33, a median weekly household income of $2,056.

Property Market Overview

The current median house price in Burnley is $1,352,500. Average annual growth is 7.2%.

Properties in Burnley spend an average of 43 days on market.

Rental Market

The median weekly rent for houses in Burnley is $495. Gross rental yield is 1.90%, reflecting high property values.

Nearby Suburbs

Explore other suburb profiles in the area: Burnley East, VIC, Burnley West, VIC, Hawthorn, VIC, Richmond, VIC, South Yarra, VIC.

Considering Burnley 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 Burnley or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Burnley, VIC 3121

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
VIC
Suburb
BURNLEY
Postcode
3121
Median price for all dwellings
$1,352,500
Last 12 months growth return
Down -14.4%
Avg. dwellings for sale in the suburb every month
1
Avg. dwellings sold in the suburb in previous 12 months
14
Avg days on market for a dwelling listing to sell
43 days
Avg. number of people searching in this suburb every month
519
Avg. rental yield per annum
2.60%
Weekly median rent for all dwellings
$400 per week
Median price for all houses
$1,352,500
Avg. rental yield growth in the previous 12 months
2.60%
Avg. days for a rental listing to find a tennant
18 days
Total suburb population in 2016
791
Total suburb population change in 5 years up to 2016
7.20%
Avg. household income per week
$2,056
Median age of the population in the suburb
33
Historic avg annual growth return per annum in the suburb
3.33%