Burwood East is moving quickly, and busier opens than July are translating directly into results. Three-bedroom houses near $1.21 million are selling in about a month and clearing at well over eight in ten, one of the fastest results in this part of the east, with four and five-bedroom homes close behind.
This is a settled, owner-occupier suburb, with around three-quarters of homes owned rather than rented, and the gap between a typical three-bedroom home and a five-bedroom home here is modest, making trading up within the suburb more achievable than in many neighbouring areas.
With first-home buyers active and the $700,000 to $1.2 million range the most active band, buyers are enjoying more choice and the confidence to move quickly once they've done their due diligence. Pricing a well-kept family home to the strong recent sales in these streets is what keeps that momentum on your side.
Median sale price for houses in Burwood East is $1,325,000, up 0.0% from last year.
Median sale price for units in Burwood East is $662,500, up 22.2% from last year.
Properties sold for houses in Burwood East is 162, up 5.2% from last year.
Properties sold for units in Burwood East is 62, up 44.2% from last year.
Auction clearance for houses in Burwood East is 80.1%, down 4.6% from last year.
Auction clearance for units in Burwood East is 84.6%, up 26.9% from last year.
Av days on market for houses in Burwood East is 36, down 23.4% from last year.
Av days on market for units in Burwood East is 32, down 38.5% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
Would you hand the keys to your brand-new car to someone you barely know without making sure it was insured? It's a question we often ask investors when discussing landlord insurance.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
Discover the hidden potential of your biggest asset — for free, in seconds. Choose an Instant Appraisal for immediate market value and suburb performance, or request an in-depth Agent Appraisal from our experienced local Woodards professionals.
No obligation. No pressure. Just clarity.
Find Blackburn's Best Real Estate Agents at Woodards
All of our agents have the experience and local knowledge to guide you
Whether selling or investing, an appraisal of value will give you the confidence to make an informed decision
Switch to Woodards Property Management
