The Burwood Vic median house price sits at approximately $1,480,000 as of mid-2026, based on CoreLogic rolling 12-month median data for the suburb. That figure reflects a resilient inner-east Melbourne market that continues to attract families, upsizers, and long-term investors despite broader interest-rate headwinds experienced across Victoria since 2022.

Burwood is one of Melbourne’s most tightly held residential pockets. Sitting roughly 13 kilometres east of the CBD, it straddles the City of Whitehorse and draws buyers who want leafy streets, quality schooling, and reliable public transport — without paying the premium attached to neighbouring Box Hill or Camberwell. Understanding what drives the Burwood Vic property market is essential whether you are buying, selling, or investing.

What Is the Burwood Vic Median House Price Right Now?

According to CoreLogic data for the 12 months to June 2026, the median house price in Burwood Vic is $1,480,000, representing a year-on-year increase of approximately 4.2% from the $1,420,000 recorded in June 2025. On a quarter-on-quarter basis, prices nudged up roughly 1.1% between April and June 2026, signalling continued — if measured — upward momentum.

Units and townhouses in Burwood tell a slightly different story. The median unit price sits at around $780,000, up 3.6% year-on-year, according to PropTrack’s June 2026 suburb report. The gap between house and unit medians underscores how strongly detached family homes are prized in this suburb.

Recent Sold Comparables in Burwood

• 4-bedroom family home, Elgar Road precinct — sold $1,610,000 (May 2026)
• 3-bedroom brick veneer, Eley Road corridor — sold $1,395,000 (April 2026)
• 3-bedroom renovated weatherboard — sold $1,520,000 (March 2026)
• 2-bedroom townhouse, Burwood Highway fringe — sold $795,000 (May 2026)

These comparables confirm that well-presented homes on land of 600 square metres or more are regularly clearing the $1.5 million mark, while smaller post-war homes on tighter blocks are finding natural support around the $1.3 million to $1.4 million range.

What Do the Broader Numbers Say About Burwood Vic Property?

Context matters when interpreting any single median figure. SQM Research data to May 2026 records Burwood’s residential vacancy rate at just 1.2%, well below the Greater Melbourne average of 1.8%. Low vacancy is a reliable indicator of rental demand and, in turn, supports capital values for investors considering buying in Burwood Vic.

The suburb’s gross rental yield for houses is estimated at 2.6%, which is modest relative to Melbourne’s outer-ring suburbs but consistent with comparable inner-east locations. Investors typically accept lower yields in Burwood in exchange for stronger long-term capital growth — CoreLogic’s 10-year compound annual growth rate for Burwood houses sits at approximately 5.8% per annum, outperforming many peer suburbs across the same period.

For broader context across Melbourne’s north and inner suburbs, you can explore how Burwood compares with our guide to the median house price in Northcote, another suburb where tight supply and lifestyle amenity are driving sustained price growth in 2026.

Days on Market and Auction Clearance Rates

• Median days on market (houses): 24 days (CoreLogic, June 2026)
• Auction clearance rate, Whitehorse LGA: 71% (REIV, Q2 2026)
• Stock on market: approximately 15% below the five-year average for June (SQM Research, 2026)

A clearance rate above 70% in a rising-rate environment is a strong demand signal. Combined with below-average stock levels, selling in Burwood Vic in 2026 is occurring in a vendor-favourable climate — provided the property is priced accurately and presented well.

What Are the Key Considerations for Buying, Selling, or Investing in Burwood Vic?

Whether you are buying Burwood Vic real estate for the first time, looking to upsize within the suburb, or assessing an investment purchase, several factors shape current decision-making.

For Buyers

Buyer competition remains elevated for family-sized homes on 600-plus-square-metre blocks. According to the Real Estate Institute of Victoria (REIV), the Whitehorse municipality recorded a median of 4.1 registered bidders per auction in Q2 2026. Buyers who are pre-approved and ready to act quickly are securing properties; those still arranging finance are frequently missing out. Land size, school-zone positioning (particularly for Vermont South High School and Burwood East catchments), and renovation potential are the three biggest price drivers in the suburb right now.

For Sellers

Homes selling in Burwood Vic in the first half of 2026 have generally achieved results within 2-3% of vendors’ reserve prices at auction, reflecting a market that is active but no longer the frenzied environment of 2021. Accurate pricing strategy, professional photography, and a three-to-four-week campaign remain the formula for maximising competition. Off-market campaigns are also gaining traction — register on the Collings off-market property portal to access pre-market opportunities before they are publicly listed.

For Investors

Investors buying in Burwood Vic are typically targeting long-term capital growth rather than yield. The suburb’s proximity to Deakin University’s Burwood campus generates consistent demand for units and townhouses from students and academics, providing a reliable tenant base. ABS rental data to March 2026 shows median weekly rent for a 3-bedroom house in Burwood at $740 per week, up 6.5% year-on-year — the fastest annual rental growth the suburb has recorded since 2015.

If you are comparing investment fundamentals across Melbourne’s established suburbs, our analysis of the median house price in Brunswick offers a useful benchmark for how inner-ring suburb dynamics differ from Burwood’s middle-ring profile.

How Does Collings Real Estate Help You Navigate the Burwood Market?

Collings Real Estate has been helping buyers, sellers, and investors make informed decisions across Melbourne’s residential property market for decades. Our local knowledge of the Burwood Vic property market extends from understanding micro-level price differences between street precincts to negotiating auction outcomes that consistently exceed vendor expectations.

Free Property Appraisals

If you are considering selling in Burwood Vic, the most important first step is understanding exactly what your property is worth in today’s market — not what it was worth 12 months ago. Our agents provide free, obligation-free property appraisals that incorporate the most current comparable sales, current buyer demand, and a realistic price guide tailored to your specific home.

Pricing too high in a 24-day-DOM market is the most common mistake vendors make. Our appraisal process is designed to help you avoid that error and achieve the strongest possible result.

Buyer Advocacy and Off-Market Access

For buyers who want access to properties before they hit the public portals, the Collings off-market portal connects registered buyers with pre-market and off-market listings across Burwood and surrounding suburbs. With stock levels running 15% below the five-year average, off-market access is increasingly the difference between securing a property and missing out.

Property Management in Burwood

Investors who own or are purchasing rental property in Burwood Vic can also access Collings’ full-service property management, designed to protect your asset, minimise vacancy, and maximise your net rental return. With rents rising at 6.5% annually, having a proactive management team in place ensures your rent reviews keep pace with market conditions.

For comparison across other high-performing Melbourne suburbs, see how the median house price in Thornbury has tracked over the same period — a useful reference point for understanding Melbourne’s broader inner-to-middle ring price gradient.

Frequently Asked Questions About Median House Prices in Burwood Vic

What is the current median house price in Burwood Vic?

The median house price in Burwood Vic is approximately $1,480,000 as of June 2026, based on CoreLogic’s rolling 12-month median. This represents a 4.2% increase year-on-year.

Is Burwood Vic a good suburb to invest in?

Burwood Vic has delivered a 10-year compound annual capital growth rate of approximately 5.8% for houses, according to CoreLogic. Its proximity to Deakin University and strong owner-occupier demand support both rental returns and long-term capital growth, making it a considered choice for patient investors.

How long does it take to sell a house in Burwood Vic?

The median days on market for houses in Burwood Vic is currently 24 days (CoreLogic, June 2026), which is below the Melbourne metropolitan average and reflects strong buyer demand relative to available stock.

What is the rental yield for houses in Burwood Vic?

The estimated gross rental yield for houses in Burwood Vic is approximately 2.6%, which is typical for the inner-east Melbourne market. The suburb’s appeal lies more in capital growth than high yield, with median weekly rent for a 3-bedroom home at $740 per week as of March 2026 (ABS data).

How do I get a property appraisal in Burwood Vic?

You can request a free, obligation-free property appraisal from Collings Real Estate by contacting our team directly. Our agents provide current comparable sales data and a tailored price guide for your Burwood Vic property at no cost.

Ready to take the next step in the Burwood Vic property market? Whether you are buying, selling, or investing, our team is here to provide expert local guidance. Request a free property appraisal from Collings Real Estate today and find out exactly what your Burwood home is worth in 2026’s market.