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Burrumbeet, VIC 3352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$745,000
list-price estimate
Median Unit
$350,000
Gross Yield (houses)
3.6%
1yr Growth
-
Investment snapshot for Burrumbeet
Burrumbeet has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Burrumbeet market and investor summary
In Burrumbeet, VIC 3352, houses show a gross rental yield of 3.6%. At 1.6% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.
Living in Burrumbeet: people, income and schools
Burrumbeet is home to around 249 people, and the area has been growing steadily, up about 12% over five years. The median age is 58, an older, established demographic, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $49,000 a year, or roughly $950 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 249
- +12% over 5yr
- Median age
- 58 years
- Median household income
- $49,000/yr
- Households renting
- 15%
- Family households
- 55%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 4.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Burrumbeet
View all →Frequently asked questions about Burrumbeet
What should I check before investing in Burrumbeet?
Burrumbeet has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Burrumbeet?
The median property price in Burrumbeet, VIC 3352 is $350K for units.
What rental yield does Burrumbeet show?
The gross rental yield in Burrumbeet is 3.6% for houses and 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Burrumbeet?
The current vacancy rate in Burrumbeet is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Burrumbeet?
Burrumbeet has a population of approximately 249 residents, with a median age of 58.
Is Burrumbeet's population growing?
The population of Burrumbeet has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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