Market snapshot
Suburb insights for Burwood3125
Change suburbBurwood is located 14 km east of the CBD. The Burwood Highway transverses the suburb. The neighbourhood is mainly residential and features tracts of open space scattered throughout the suburb including Gardiners Creek Reserve Bennettswood Sports Ground and Wattle Park. The suburb also features a number of retirement villages and nursing homes as well as Deakin University - Burwood Campus and the Burwood Cemetery.
Recent sales and auction results in Burwood
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 3/55 Andrews St, Burwood | 4 |  | Townhouse (Res) | Sold Before Auction | 21/02/2025 | Ray White Burwood | View |
| 3 Hansen Cl, Burwood | 4 |  | House (Res) | Passed in Vendor Bid | 21/02/2025 | Marshall White & Co | View |
| 10 Iris St, Burwood | 3 |  | House (Res) | Sold Before Auction | 13/02/2025 | Ray White Burwood | View |
| 3 Pearce St, Burwood | 3 | | House (Res) | Sold Before Auction | 13/02/2025 | Jellis Craig | |
| 3/30 Cumming St, Burwood | 5 | | Townhouse (Res) | Private Sale | 10/02/2025 | RT Edgar Boroondara | View |
Sales data
Median sale price
$1.4mil
Quarterly price change
-5.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,281,000 | $807,000 |
| 4 | $1,541,500 | $950,000 |
| Insight | Burwood | Metro comparison |
|---|---|---|
| Clearance rate | 81% | 72.6% |
| Days on market | 49 | 43 |
Rental data
Median weekly rent
$650
Rental yield
2.4%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Burwood | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $625 | $550 |
| 4 | $810 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.