Burnbank Suburb ProfileVictoria 3371
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Burnbank has 35 properties. Over the last 5 years, Houses in Burnbank have seen a 129.03% increase in median value. As at 30 November 2024:
- The median value for Houses in Burnbank is $703,592.
The size of Burnbank is approximately 44.4 square kilometres. It has 1 park covering nearly 12% of total area. The population of Burnbank in 2011 was 455 people. By 2016 the population was 53 showing a population decline of 88.4% in the area during that time. The predominant age group in Burnbank is 40-49 years. Households in Burnbank are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Burnbank work in a labourer occupation. In 2011, 89% of the homes in Burnbank were owner-occupied compared with 95.2% in 2016..
Market Insights
Burnbank Trends for Houses
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Burnbank Trends for Units
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Neighbourhood Insights
Age
Population 53
0-9
20%
20-29
5%
30-39
10%
40-49
31%
60-69
24%
Household Structure
Occupancy
0
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Last Updated: 22/12/2024
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