Burnside is a smaller suburb in South Australia within the Burnside local government area (postcode 5066). With a population of 3,060, the suburb has an established demographic with a median age of 43. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Burnside is $1.9 million, having surged 12.4% over the past year. Units have a median price of $715,000 (+16.1% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,400.
Burnside is served by 1 school, including 1 primary. The average ICSEA score is 1156, which is well above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Burnside LGA is below average at 2,124 incidents per 100,000 population.
From an investment perspective, Burnside offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 16.3x is considered stretched. House prices have moved +12.4% year-on-year.
Burnside is a smaller suburb in South Australia within the Burnside local government area (postcode 5066). With a population of 3,060, the suburb has an established demographic with a median age of 43. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Burnside is $1.9 million, having surged 12.4% over the past year. Units have a median price of $715,000 (+16.1% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 1.7%. The median monthly mortgage repayment is $2,400.
Burnside is served by 1 school, including 1 primary. The average ICSEA score is 1156, which is well above the national average of 1,000. Public transport access includes 18 bus stops. The crime rate in the Burnside LGA is below average at 2,124 incidents per 100,000 population.
From an investment perspective, Burnside offers a gross rental yield of 1.7%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 16.3x is considered stretched. House prices have moved +12.4% year-on-year.