Burwood Council, NSW
Burwood is a local government area located in Sydney’s Inner West, 9 kilometres from the CBD. The Burwood property market is very strong with prices continuing to rise.
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The area is popular with families and young professionals due to its convenient location close to the city and its range of amenities. There is a good supply of properties available in the market, however demand is high and properties often sell quickly.
The LGA is well serviced by public transport, with buses and trains connecting it to the CBD and other parts of Sydney. The main shopping strip is located on Burwood Road, between The Boulevarde and Liverpool Road. The area is also serviced by the Burwood railway station.
The economy of Burwood is dominated by retail, commercial and light industrial businesses. Professionals account for 28.7 % of employment in Burwood, followed by Clerical and Administrative Workers (13.7 %), Managers (11.1 %), Technicians and Trades Workers (10.7%), and Sales Workers (10.7%). Burwood’s typical weekly personal income for residents aged 15 years and older is $552.
The majority of properties in the area are apartments, followed by houses. The majority of houses are freestanding, with a small number of duplexes and townhouses. In Burwood, 39.4 % of occupied private homes are detached houses, 16.5 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 42.9 % are flats or apartments, and 0.4 % are other housing. The LGA has a mix of older and newer properties, with most properties being more than 10 years old.
The LGA is popular with families and investors, who are drawn to the solid rental returns and potential for capital growth. The Burwood property market is expected to continue to grow in popularity, with demand outstripping supply.
Discover the latest trends for Burwood LGA with the help of interactive dashboard on this page.
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Capital Growth Heatmap
Property Market Snapshot
This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.
Buy
2BR
3BR
4BR
5BR
Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.
Rent
2BR
3BR
4BR
5BR
Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.
Yield
2BR
3BR
4BR
5BR
Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.
Buy
1BR
2BR
3BR
Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.
Rent
1BR
2BR
3BR
Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.
Yield
1BR
2BR
3BR
Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.
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Supply
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Demand
Days on Market
Vacancy Rate
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All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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Property Market in Burwood Council, NSW
Burwood Council is surrounded by 4 other council areas – Canterbury-Bankstown, Strathfield, Inner West, Canada Bay.
Suburbs/localities in this Local Government Area: Enfield 2136, Burwood 2134, Burwood Heights 2136
Are you a real estate professional with an extensive knowledge of the Burwood Council property market? Our members would love to hear from you! Leave your insights in a comment below.