Burwood sits in the heart of Melbourne’s inner-east, positioned between Box Hill and Camberwell along the Whitehorse Road corridor. The suburb offers strong tram connectivity, proximity to Deakin University’s Burwood campus, and a mix of established apartments and family homes that attract both students and young professionals.
Burwood Property Market Snapshot 2026
| Metric | Houses | Units |
|---|---|---|
| Median Price | $1,320,000 | $720,000 |
| Gross Rental Yield | 3.1% | 4.0% |
| Annual Growth (5yr avg) | 5.8% | 4.6% |
| Median Weekly Rent | $620 | $460 |
| Days on Market | 29 | 24 |
| Vacancy Rate | 1.1% | 1.3% |
Is Burwood a Good Investment?
Burwood scores 7.2/10 on the GeeVee Investment Score. The Deakin University student rental demand underpins unit occupancy. House prices reflect proximity to Camberwell Junction and elite school zones in the broader Whitehorse corridor. The suburb is particularly interesting for investors targeting student accommodation yield plays.
Off-Market Properties in Burwood
Access off-market listings in Burwood and the inner-east corridor: collings.com.au/portal.
Frequently Asked Questions
What is the median house price in Burwood?
The median house price in Burwood is approximately $1,320,000 in 2026.
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