Burwood

Burwood, located about 14 km east of Melbourne’s Central Business District, falls within the City of Whitehorse and partly in the City of Monash. This suburb is known for its blend of residential calm and convenience, featuring a mix of classic and contemporary housing, leafy streets, and good accessibility to city amenities.

Demographic Profile

• Population: According to the 2021 census, the population of Burwood was 15,147.
• Predominant Age Group: The suburb is popular among various age groups, including young adults, families, and older residents.
• Median Household Income: Typically aligns with the Melbourne metropolitan average.
• Occupancy: A mix of homeowners and renters, with a notable presence of student accommodation due to nearby educational institutions.

Real Estate and Growth

• Median House Prices: The median house price in Burwood is around AUD 1,200,000.
• Median Unit Prices: For units, the median price is approximately AUD 650,000.
• Rental Market: The median house rent is about AUD 450 per week, while units average around AUD 380 per week.
• Market Trends: Burwood has experienced consistent growth in property values, driven by its appealing location and quality of life.

Education and Lifestyle

• Schools: The suburb has several reputable schools, including Burwood East Primary School and Presbyterian Ladies’ College.
• Local Vibe: Burwood offers a friendly, community-oriented environment with various local shops, cafes, and parks.
• Community Insights: Residents appreciate the suburb for its safety, family-friendly nature, and its mix of urban and suburban qualities.

Transportation

• Public Transport: Trams (Route 75) and buses are well-serviced, providing easy access to the CBD and surrounding areas.
• Accessibility: Good connectivity with major arterials like Burwood Highway and Warrigal Road.

Notable Features

• Proximity to Educational Institutions: Close to Deakin University, attracting students and academic professionals.
• Recreational Areas: Features several parks and recreational facilities, including Wattle Park and Gardiners Creek Reserve.

Burwood is a vibrant and welcoming suburb, ideal for families, students, and professionals. It’s characterised by its educational facilities, diverse housing options, and a harmonious balance between urban living and suburban comfort. The steady growth in real estate values, combined with its community feel and accessibility, makes Burwood a sought-after location in Melbourne.