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City of Monash

Burwood

Burwood Property Market
& Suburb Profile

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MEDIAN PRICES IN BURWOOD

Median house price

(all agencies, last 12 months)$1.5m*

House price change

(all agencies, last 12 months)+11.37%

Median unit price

(all agencies, last 12 months)$812k*

Unit price change

(all agencies, last 12 months)+0.81%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

BURWOOD price TRACKER

HousesUnits

Burwood sales overview

  • Sold by Auction 71%
  • Sold by Private Sale or Other Method 29%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)30

Auction clearance rate in Burwood

(all agencies, last 12 months)78%

Average held period in Burwood

(proptrack)13 years

Burwood Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$733pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$656pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)2.49%

Average rental yield for Units

(all agencies, last 12 months)4.22%

Burwood total population size

(as at the last census)15,147

Median household size in Burwood

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Burwood property types

  • Houses 31%
  • Units 36%
  • Other 33%

OCCUPANCY in Burwood

  • Owned 57%
  • Rented 37%
  • Other/Not Stated 6%
  • Singles 28%
  • Families 63%
  • Other 9%

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About Burwood

A Thriving Suburb with Education, Green Spaces & Convenience

Located 14 km east of Melbourne’s CBD, Burwood is a dynamic and well-connected suburb in the City of Whitehorse, known for its top-tier education, parklands, and excellent public transport. With a population of over 15,000, Burwood is a sought-after area for families, students, professionals, and investors.

Lifestyle & Recreation

Burwood offers a blend of nature, shopping, and community amenities:

  • Parks & Outdoor Activities: Enjoy a walk through Wattle Park, which features walking trails, picnic spots, a golf course, and historic trams. Gardiners Creek Reserve is another great option for cycling and jogging.
  • Shopping & Dining:
    • Burwood One Shopping Centre (home to Australia’s first 24/7 Kmart and Coles) is a local retail hub.
    • Burwood Brickworks Shopping Centre is a sustainable shopping destination with specialty stores, fresh food markets, and dining options.
    • Nearby Camberwell Junction and Chadstone Shopping Centre provide a wider range of boutiques, entertainment, and fashion.
  • Sport & Fitness: Burwood is home to Deakin University's Elite Sports Precinct, featuring state-of-the-art training facilities.

Education & Employment

Burwood is a prime location for students and professionals, with excellent educational institutions:

  • Primary & Secondary Schools: The suburb has well-regarded schools, including Burwood East Primary School, Mount Scopus Memorial College (Jewish private school), and Presbyterian Ladies' College (PLC), a prestigious girls’ school.
  • Higher Education:
    • Deakin University’s Burwood Campus is one of Victoria’s largest universities, attracting thousands of local and international students.
    • Box Hill Institute and Holmesglen TAFE are also nearby, offering vocational and higher education courses.
  • Employment Hubs:
    • Many professionals in education, healthcare, and business choose Burwood for its proximity to Monash Medical Centre, Box Hill Hospital, and Melbourne’s eastern business districts.

Transport & Accessibility

Burwood has excellent transport options, making commuting a breeze:

  • Trams: The Route 75 tram runs along Burwood Highway, providing a direct link to Melbourne’s CBD and Docklands.
  • Buses: Several bus routes connect Burwood to Box Hill, Chadstone, and Glen Waverley.
  • Train Access: The closest train stations are Jordanville, Box Hill, and Holmesglen, all offering quick city access.
  • Major Roads: Easy access to Burwood Highway, the Monash Freeway (M1), and Eastlink (M3) for convenient travel.

Real Estate & Investment Potential

Burwood is a high-demand suburb, offering:

  • A mix of classic homes, modern townhouses, and apartments, catering to families, students, and investors.
  • High rental demand, driven by Deakin University students and professionals working in nearby employment hubs.
  • New developments, particularly in the Burwood Brickworks precinct, making it an exciting area for long-term growth.
  • Affordable alternatives to neighbouring suburbs like Camberwell and Surrey Hills, while still offering great amenities.

Nearby Suburbs

Why Choose Burwood?

Burwood offers the perfect mix of education, convenience, and green spaces. With Deakin University, strong transport links, excellent schools, and ongoing development, it’s an ideal choice for families, students, and investors looking for strong growth potential in Melbourne’s east.

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Mount Scopus Memorial College
Presbyterian Ladies' College
Wattle Park Primary School
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Burwood MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025292$1,157,50011.37%626$695pw3.35%
2024367$1,061,000-9.00%609$669pw3.38%
2023261$1,196,5007.10%760$625pw3.02%
2022297$1,130,000-0.89%883$549pw2.77%
2021401$1,128,75011.40%921$466pw2.34%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025292$1,157,500+11.37%
2024367$1,061,000-9.00%
2023261$1,196,500+7.10%
2022297$1,130,000-0.89%
2021401$1,128,750+11.40%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025626$695pw3.35%
2024609$669pw3.38%
2023760$625pw3.02%
2022883$549pw2.77%
2021921$466pw2.34%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.