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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Burrill Lake, the median property price for a house is currently 800,000 with annual capital growth of -6.43 . There were 41 house sales in the past 12 months. On average, houses spend 89 days on market.
If you're thinking about buying an investment property in Burrill Lake, consider that rental yields for houses are currently 3.43 with an average median rent of 540 weekly. Houses have seen -0.74 growth in the past quarter, and -6.43 growth in the past 12 months.
The size of Burrill Lake is approximately 4.4 square kilometres. It has 2 parks covering nearly 22.2% of total area. The population of Burrill Lake in 2011 was 1,328 people. By 2016 the population was 1,447 showing a population growth of 9.0% in the area during that time. The predominant age group in Burrill Lake is 60-69 years.
Households in Burrill Lake are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Burrill Lake work in a professional occupation. In 2011, 71.8% of the homes in Burrill Lake were owner-occupied compared with 74.7% in 2016.
There were 4 unit sales in the past 12 months.
The size of Burrill Lake is approximately 4.4 square kilometres. It has 2 parks covering nearly 22.2% of total area. The population of Burrill Lake in 2011 was 1,328 people. By 2016 the population was 1,447 showing a population growth of 9.0% in the area during that time. The predominant age group in Burrill Lake is 60-69 years.
Households in Burrill Lake are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Burrill Lake work in a professional occupation. In 2011, 71.8% of the homes in Burrill Lake were owner-occupied compared with 74.7% in 2016.
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| Key Market Data | House | Unit |
| Median price | 800,000 | 725,000 |
| Quarterly growth | -0.74 | 0.00 |
| 12-month growth | -6.43 | – |
| Average annual growth | +9.17 | – |
| Weekly median rent | 540 | – |
| Gross rental yield | 3.43 | 3.88 |
| Number of Sales (12m) | 41 | 4 |
| Avg. Days on Market (12m) | 89 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,328 | 1,447 |
| Population change (5y) | +4.16 | +9.00 |
| Median household income (p/w) | 728 | 903 |
| Household income change (5y) | +31.17 | +24.04 |
| Median age of persons | 51 | 51 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Burrill Lake was 1,447 in 2016, a +9.00 change compared to 2011.
The predominant age group in Burrill Lake is 60-69 years.
The population of Burrill Lake was 1,447 in 2016, a +9.00 change compared to 2011.
The predominant age group in Burrill Lake is 50-59 years.
Most of the population in Burrill Lake were born in Australia.
Most of the population in Burrill Lake were born in Australia.
Most of the population in Burrill Lake report their religion as No Religion.
Most of the population in Burrill Lake report their religion as Anglican.
Most of the population in Burrill Lake report their income range as between 15,000 and 33,000 .
The median household income in Burrill Lake was 903 in 2016, a +24.04 change compared to 2011.
Most of the population in Burrill Lake report their income range as between 15,000 and 31,000 .
The median household income in Burrill Lake was 728 in 2011, a +31.17 change compared to 2006.
Most of the population in Burrill Lake work as Professional.
Most of the population in Burrill Lake work as Trades.
The chart below demonstrates the various levels of education in Burrill Lake.
The chart below demonstrates the various levels of education in Burrill Lake.
Most of the population in Burrill Lake reached a qualification level of Certificate.
Most of the population in Burrill Lake reached a qualification level of Certificate.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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