Burnside, VIC 3023

Burnside, VIC 3023

Compare Part of Melton

19.67 km
Distance from CBD
15 k
Population

Auction Times

Sat 30 Nov
 Auction Time Agency
7 Milano Road
5 4 2 House
12:00 PM
Sat 30th Nov		 White Knight Estate Agents
Tue 3 Dec
 Auction Time Agency
12 Charlesworth Crescent
4 2 2 House
6:30 PM
Tue 3rd Dec		 YPA Estate Agents
Median Sale Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$345,000
 0.0% $405 $555,000 84
2010
$400,000
 +13.8% $295,000 $580,000 52
2011
$420,000
 +4.8% $340,500 $665,000 30
2012
$382,000
 -9.9% $157,000 $675,000 29
2013
$385,000
 +0.8% $41,600 $560,000 41
2014
$425,500
 +9.5% $290,000 $655,000 54
2015
$469,000
 +9.3% $330,000 $750,000 61
2016
$491,000
 +4.5% $350,000 $780,000 56
2017
$595,000
 +17.5% $460,000 $955,000 40
2018
$605,000
 +1.7% $440,000 $855,000 31
2019
$616,000
 +1.8% $450,000 $920,000 38
2020
$666,000
 +7.5% $470,000 $1,050,000 40
2021
$720,000
 +7.5% $480,000 $1,190,000 51
2022
$795,000
 +9.4% $570,000 $1,370,000 61
2023
$752,500
 -5.6% $520,000 $1,095,000 38
2024
$708,000
 -6.3% $557,000 $1,360,000 39
Median Sale Price
$707K
Based on 45 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
-6.4%
Current Median Price: $707,000
Previous Median Price: $752,500
Based on 85 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$340
 0.0% $270 $450 34
2012
$350
 +2.9% $250 $420 43
2013
$350
 0.0% $220 $480 56
2014
$355
 +1.4% $210 $550 35
2015
$360
 +1.4% $300 $450 42
2016
$365
 +1.4% $275 $500 35
2017
$380
 +3.9% $330 $550 30
2018
$400
 +5.0% $330 $620 34
2019
$430
 +7.0% $370 $650 37
2020
$450
 +4.4% $350 $560 40
2021
$430
 -4.7% $340 $565 30
2022
$450
 +4.4% $350 $660 38
2023
$490
 +8.2% $380 $2,167 31
2024
$550
 +10.9% $380 $750 27
Median Rent Price
$550
per week
Based on 30 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+10.9%
Current Median Rent: $550
Previous Median Rent: $490
Based on 63 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $707,000
Current Median rent: $550
Based on 75 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)

Auction Results For Burnside

Houses sold in Last 12 months ends 16 Nov 2024

$788K

Median Sale Price

59%

Clearance Rate

7/12

Sold/Reported

$838K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 1
$600 K - $800 K
(Median Price Range)		 3

Schools closest to Burnside, VIC 3023

School name Address Type Sector Distance
Victoria University Secondary College Deer Park Campus Deer Park 3023 Secondary Government 1.38 km
Christ the Priest Catholic Primary School Caroline Springs 3023 Primary Catholic 1.45 km
Brookside P-9 College FEDERATION WAYCaroline Springs 3023 Combined Government 1.61 km
St Peter Chanel Primary School 848 BALLARAT RDDeer Park 3023 Primary Catholic 1.89 km
Kororoit Creek Primary School 130 TENTERFIELD DRIVEBurnside Heights 3023 Primary Government 2.14 km
Deer Park West Primary School QUINN STREETDeer Park 3023 Primary Government 2.23 km
Creekside K-9 College THE CROSSINGCaroline Springs 3023 Combined Government 2.56 km