Burradoo is a smaller suburb in New South Wales within the Wingecarribee local government area (postcode 2576). With a population of 2,879, the suburb has an older demographic with a median age of 59. Households earn a median income of $113K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Burradoo is $3.1 million, having surged 27.9% over the past year. Units have a median price of $2.0 million (-6.8% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,000.
Burradoo is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1117, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 27 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Burradoo offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.6x is considered stretched. House prices have moved +27.9% year-on-year.
Burradoo is a smaller suburb in New South Wales within the Wingecarribee local government area (postcode 2576). With a population of 2,879, the suburb has an older demographic with a median age of 59. Households earn a median income of $113K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Burradoo is $3.1 million, having surged 27.9% over the past year. Units have a median price of $2.0 million (-6.8% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,000.
Burradoo is served by 2 schools, including 1 secondary, 1 combined. The average ICSEA score is 1117, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 27 bus stops. The crime rate in the Wingecarribee LGA is low at 1,458 incidents per 100,000 population.
From an investment perspective, Burradoo offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($3.1M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.6x is considered stretched. House prices have moved +27.9% year-on-year.