Burnside Heights, VIC 3023
Compare Part of Melton
20.31 km
Distance from Melbourne CBD
15 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $377,000 | 0.0% | $131,000 | $580,000 | 73 |
| 2010 | $420,000 | +10.2% | $352,000 | $670,000 | 64 |
| 2011 | $415,000 | -1.2% | $336,000 | $1,137,000 | 81 |
| 2012 | $425,000 | +2.4% | $265,000 | $685,000 | 83 |
| 2013 | $431,000 | +1.4% | $310,000 | $965,000 | 72 |
| 2014 | $445,000 | +3.1% | $353,000 | $680,000 | 106 |
| 2015 | $460,000 | +3.3% | $330,000 | $850,000 | 103 |
| 2016 | $535,000 | +14.0% | $380,000 | $935,000 | 85 |
| 2017 | $593,000 | +9.8% | $450,000 | $910,000 | 67 |
| 2018 | $650,000 | +8.8% | $1,000 | $870,000 | 73 |
| 2019 | $600,000 | -8.3% | $500,000 | $930,000 | 42 |
| 2020 | $662,000 | +9.4% | $493,000 | $967,000 | 58 |
| 2021 | $701,000 | +5.6% | $540,000 | $1,255,000 | 67 |
| 2022 | $760,000 | +7.8% | $580,000 | $1,420,000 | 68 |
| 2023 | $740,000 | -2.7% | $510,000 | $1,425,000 | 46 |
| 2024 | $770,000 | +3.9% | $588,200 | $1,302,000 | 62 |
Median Sale Price
$770K
Based on 62 recorded sales within the last 12 months
Updated on 29 Dec 2024
Suburb Growth
+3.9%
Current Median Price: $770,000
Previous Median Price: $740,000
Based on 108 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $300 | $836 | 71 |
| 2012 | $370 | +2.7% | $300 | $520 | 93 |
| 2013 | $360 | -2.8% | $320 | $1,651 | 92 |
| 2014 | $400 | +10.0% | $140 | $560 | 81 |
| 2015 | $390 | -2.6% | $275 | $500 | 102 |
| 2016 | $400 | +2.5% | $275 | $500 | 79 |
| 2017 | $410 | +2.4% | $350 | $550 | 73 |
| 2018 | $440 | +6.8% | $320 | $630 | 62 |
| 2019 | $450 | +2.2% | $360 | $660 | 67 |
| 2020 | $440 | -2.3% | $340 | $580 | 51 |
| 2021 | $435 | -1.1% | $380 | $650 | 84 |
| 2022 | $470 | +7.4% | $390 | $600 | 79 |
| 2023 | $500 | +6.0% | $360 | $680 | 73 |
| 2024 | $550 | +9.1% | $415 | $2,346 | 69 |
Median Rent Price
$550
per week
Based on 69 recorded rent within the last 12 months
Updated on 29 Dec 2024
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 142 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $770,000
Current Median rent: $550
Based on 131 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Burnside Heights
Houses sold in Last 12 months ends 28 Dec 2024
$890K
Median Sale Price
59%
Clearance Rate
14/24
Sold/Reported
$1.16M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M (Median Price Range) | 5 | |
| $600 K - $800 K | 4 | |
Similar Suburbs to Burnside Heights 3023
Based on median house sale price sold in last 12 months
Schools closest to Burnside Heights, VIC 3023
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Gilson College | 450 TAYLORS RDTaylors Hill 3037 | Combined | Independent | 0.47 km |
| Kororoit Creek Primary School | 130 TENTERFIELD DRIVEBurnside Heights 3023 | Primary | Government | 0.97 km |
| Kings Park Primary School | 128B GILLESPIE ROADSt Albans 3021 | Primary | Government | 0.97 km |
| Taylors Hill Primary School | 40-50 LODDON DRIVETaylors Hill 3037 | Primary | Government | 1.19 km |
| Copperfield College Kings Park Junior Campus | Kings Park 3021 | Secondary | Government | 1.16 km |
| Copperfield College | GOLDSMITH AVENUEDelahey 3037 | Secondary | Government | 1.33 km |
| Resurrection Primary School | 51 GUM RDKINGS PARK 3021 | Primary | Catholic | 1.7 km |
| Movelle Primary School | GUM ROADKings Park 3021 | Primary | Government | 1.78 km |
| Emmanuel College | Point Cook 3030 | Secondary | Independent | 1.69 km |
| Mackellar Primary School | 29-35 GOLDSMITH AVENUEDelahey 3037 | Primary | Government | 1.81 km |