Burwood

Burwood, NSW 2134, is a bustling suburb with a diverse population. The area has a significant number of families and professionals, with a mix of age groups. The median household income is above average, and the commute options include public transport and work from home arrangements. The suburb is predominantly occupied by professionals and clerical workers. Residents enjoy easy access to various amenities and have a choice of transport modes. The suburb's ICSEA percentile for government schools is relatively high, indicating educational advantages for students. For house investors, Burwood presents opportunities for renovation projects due to the high Sale Price IQR ratio. The suburb has shown consistent growth in median house prices over the long term. On the other hand, unit investors can benefit from the positive median growth rate and solid rental yields. With a moderate vacancy rate, units could be in demand from tenants seeking quality rental accommodation. Burwood, NSW 2134, offers a vibrant lifestyle with a mix of residents from various age groups and occupations. The suburb provides good investment potential for both house and unit investors, with opportunities for renovation and solid growth in property values. Its proximity to amenities, good transport options, and educational facilities make it an attractive location for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022