41/388-390 Burwood Highway

Burwood VIC 3125

The size of Burwood is approximately 6 square kilometres. It has 28 parks covering nearly 18.5% of total area. The population of Burwood in 2011 was 13,162 people. By 2016 the population was 15,015 showing a population growth of 14.1% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 64.2% of the homes in Burwood were owner-occupied compared with 58.5% in 2016.

Burwood has 8,330 properties. Over the last 5 years, Houses in Burwood have seen a 13.83% increase in median value, while Units have seen a 20.48% increase. As at 30 September 2024:

• The median value for Houses in Burwood is $1,418,906 while the median value for Units is $750,025.
• Houses have a median rent of $650 while Units have a median rent of $520.