Burraneer is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 3,719, the suburb has an established demographic with a median age of 43. Households earn a median income of $181K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Burraneer is $2.7 million, having dropped significantly 26.7% over the past year. Units have a median price of $2.8 million (+88.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,987.
Public transport access includes 32 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Burraneer offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -26.7% year-on-year.
Burraneer is a smaller suburb in New South Wales within the Sutherland Shire local government area (postcode 2230). With a population of 3,719, the suburb has an established demographic with a median age of 43. Households earn a median income of $181K per year, with an average household size of 3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Burraneer is $2.7 million, having dropped significantly 26.7% over the past year. Units have a median price of $2.8 million (+88.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,987.
Public transport access includes 32 bus stops. The crime rate in the Sutherland Shire LGA is low at 1,782 incidents per 100,000 population.
From an investment perspective, Burraneer offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 14.7x is considered stretched. House prices have moved -26.7% year-on-year.