Burnie is a small community in Tasmania within the Burnie local government area (postcode 7320). With a population of 693, the suburb has an established demographic with a median age of 42. Households earn a median income of $55K per year, with an average household size of 1.8 people. The most common occupations are professionals, community & personal service, managers. The top ancestries reported are English, Australian, Irish.

The median house price in Burnie is $412,000, having increased 4.3% over the past year. Units have a median price of $285,000 (-47.2% YoY). The current median weekly rent is $330. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,083.

Burnie is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 5 bus stops.

From an investment perspective, Burnie offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($412K/$750K), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +4.3% year-on-year.