Located in New South Wales within the Burwood local government area, Burwood is an established suburb (postcode 2134). With a population of 18,224, the suburb has a blend of families and working-age professionals with a median age of 32. Households earn a median income of $87K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
The median house price in Burwood is $3.5 million, having jumped by 12.9% over the past year. Units have a median price of $840,000 (-8.7% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,449.
Burwood is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 38 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Burwood LGA is below average at 3,350 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 1.3%, which reads as low yield. Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 40.3x is considered stretched. House prices have moved +12.9% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.