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City of Yarra

Burnley

Burnley Property Market
& Suburb Profile

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MEDIAN PRICES IN BURNLEY

Median house price

(all agencies, last 12 months)$1.3m*

House price change

(all agencies, last 12 months)-11.35%

Median unit price

(all agencies, last 12 months)$1.0m*

Unit price change

(all agencies, last 12 months)+88.79%

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

BURNLEY price TRACKER

Houses0

Burnley sales overview

  • Sold by Auction 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)33

Auction clearance rate in Burnley

(all agencies, last 12 months)100%

Average held period in Burnley

(proptrack)13 years

Burnley Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$953pw

House rental price change

(all agencies, last 12 months)0.08%

Median rental price for Units

(all agencies, last 12 months)$573pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.37%

Average rental yield for Units

(all agencies, last 12 months)4.87%

Burnley total population size

(as at the last census)794

Median household size in Burnley

(as at the last census)2.1

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

Burnley property types

  • Houses 34%
  • Units 32%
  • Other 34%

OCCUPANCY in Burnley

  • Owned 53%
  • Rented 50%
  • Other/Not Stated -3%
  • Singles 36%
  • Families 52%
  • Other 12%

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About Burnley

Burnley is a suburb bordering the Yarra river only 4km east of Melbournes CBD.

Burnley is historically considered to be part of the larger Richmond area. Its location in inner-suburban Melbourne is well known due to the naming of the Burnley Tunnel near the area, a major part of Melbourne's CityLink transport network.

Burnley is serviced by tram & train, with the Burnley railway station near the corner of Swan Street and Burnley Street. There is also an inbound/outbound entry from the Monash Freeway.

Great for

  • Clean & Green
  • Parks & Recreation
  • Peace & Quiet
  • Public Transport

Who lives here?

  • Professionals
  • Singles
  • Families with kids
  • Retirees

Suburbs nearby

  • Richmond
  • Hawthorn
  • South Yarra
  • Toorak

References: Wikipedia and Homely

Are we missing anything about Burnley, or does anything here need updating? Feel free to email us suggestions to: [email protected].

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Sales Comparison

Find out how Burnley median sales prices compare to neighbouring suburbs.

Burnley MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202529$1,165,000-11.35%48$763pw4.12%
202418$744,00014.02%60$730pw4.01%
202325$1,402,500-10.62%54$688pw3.76%
202229$1,377,500-5.12%66$632pw3.29%
202129$1,027,750-7.02%75$556pw2.86%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202529$1,165,000-11.35%
202418$744,000+14.02%
202325$1,402,500-10.62%
202229$1,377,500-5.12%
202129$1,027,750-7.02%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202548$763pw4.12%
202460$730pw4.01%
202354$688pw3.76%
202266$632pw3.29%
202175$556pw2.86%

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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.