Fraud Blocker

Burrill Lake, NSW 2539

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Burrill Lake, NSW 2539 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Burrill Lake, NSW 2539”

  1. The total adult population (15 years or older) of Burrill Lake 2539 NSW is 1,477, with a median age of 48. Of those, 46.99% are married, 15.50% are divorced or separated, 30.53% are single and 7.04% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,824. The median monthly mortgage repayment for households in this suburb is $1,571 which is 26.97% of their earnings.

    Source: ABS Census Data (2021)

  2. Burrill Lake, postcode 2539, is a residential suburb nestled in the atmospheric state of New South Wales. It hosts around 1,188 households that contribute to its unique charm and ambience.

    As we dive into the property market for Q3 2023, let’s analyse the designated metrics that provide a comprehensive view of Burrill Lake’s real estate scenario.

    First, looking at the price spectrum, houses in Burrill Lake come with a typical price of $841,437. Median weekly rent stands at $549. These figures combined produce an indicative yield of 3.39%, which is within the desirable minimum for cashflow-oriented property investors and exhibits promise for steady rental incomes.

    In terms of socio-economic factors, the IRSAD score for the suburb is an encouraging 940 out of 1217, signifying a fairly well-off populace residing within the area that can promote lucrative real estate opportunities.

    Turning to the renter to owner ratio, here the figure comes in at a low 20%, making it an ideal market with potential for steady long-term returns and an area with fewer risks from rental oversaturation. Good news for investors, the units to houses ratio is at an excellent 0%, indicating less rental competition and maximised rental yields.

    However, it’s critical to note that the affordability index for houses is 57 years, well above the typical 30-year mortgage period, signalling less accessibility for prospective buyers due to relatively higher property costs.

    On the supply side, Burrill Lake houses offer an attractive picture. stock on market Percentage stands at a comfortable 0.28%, revealing a low supply, and inventory level is only 1.09 months, indicating a brisk, healthy market.

    Building Approvals Ratio maintains a balanced position at 0.65%, evading the risks of oversupply of new dwellings. However, the average number of days on market for houses is quite high at 219, signalling a slower market pace that might be of concern.

    Including both, houses and units, the vacancy rate is at 3.42%, which aligns more with a neutral demand. Search behaviour is promising with the buy search index remaining stable at 5, indicating average online property interest compared to the wider state or city.

    To sum up, while some metrics lean more favourable, others dictate cautious consideration when investing. Future and current property investors should keep a close watch on major market indicators to identify potential shifts in market trends. Utilising tools like the Relative Composite Score developed by HtAG Analytics can prove highly beneficial in this regard, providing further insights for investment decision making.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment