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Burnside, SA 5066

Home » SA Real Estate Data » City of Burnside, SA » Burnside, SA 5066

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 Burnside, SA 5066 located in Adelaide 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™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Burnside, SA 5066”

  1. The total adult population (15 years or older) of Burnside 5066 SA is 2,464, with a median age of 43. Of those, 57.39% are married, 9.17% are divorced or separated, 27.80% are single and 5.52% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $11,320. The median monthly mortgage repayment for households in this suburb is $2,400 which is 21.20% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Burnside, postcode 5066, is located in South Australia and comprises nearly 1,394 households. As we entered the third quarter of 2023, the typical property prices for houses in Burnside were tagged at AUD 1,416,524. These properties command a median weekly rent of AUD 595, which correlates to an indicative yield of about 2.18%.

    Burnside shows a high socio-economic performance with an IRSAD score of 1120 out of a possible 1217, signalling robust access to economic resources, high income levels and a populace with skilled professions. The suburb has a low renter to owner ratio of 17%, a testament to a largely owner-occupied housing market, which typically denotes stability and can be attractive for both investors and prospective homeowners.

    Regarding the ratio of units to houses, Burnside stands at 17% which is suggestive of a market dominated by houses over apartments. This is often favoured by families who are likely to engage in longer tenancy periods and contributes to a consistent rental demand.

    Shining a spotlight on affordability, with an affordability index of 49 years, Burnside indicates relatively higher property prices when considered against the median family income. This score suggests that buyers need to be financially well-positioned to invest or live in this area, which can contribute to the area’s overall attractive socio-economic profile.

    Looking at supply, the stock on market percentage for houses is a minimal 0.28% and the inventory level stands at a brisk 0.97 months. This denotes a fast-moving market and signifies high demand relative to supply. Similarly, the building approvals Ratio, which represents future supply, reveals a low figure of 0.76%, indicating a slow growth in the property inventory.

    In terms of market demand, houses in Burnside spend an average of a quick 20 days on the market and showcase a vacancy rate (inclusive of houses and units) at 2.5%. Coupled with a high buy search index of 7, these metrics show a highly engaged buyer interest and a healthy rental demand.

    To sum up, although houses in Burnside may stretch affordability for some, strong demand, quick sales, low supply levels, and a high socio-economic score underpin the suburb’s popularity and its potential for strong capital growth. Also, it’s essential to keep an eye on the continued trend of these metrics. Remember, while some factors may not fall within the optimal range, solid performance across other factors can still make Burnside an attractive investment opportunity. Using comprehensive measures like the HtAG Analytics’ RCS can also streamline this process, offering a holistic market view using over 80 different metrics.

    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.

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