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Burnie suburb profile

Burnie is a vibrant coastal city located on the north-west coast of Tasmania, known for its stunning natural beauty and rich industrial history. As a major port city, Burnie offers a unique blend of urban and rural living, with easy access to pristine beaches, lush hinterlands, and a bustling town centre. The city is renowned for its strong arts and cultural scene, with attractions such as the Burnie Regional Art Gallery and the Makers' Workshop. With a diverse range of dining options, shopping facilities, and educational institutions, Burnie provides a well-rounded lifestyle for families, retirees, and professionals alike.

Burnie property market performance

Burnie's property market has shown stability in terms of property values over the past 12 months, with no change in median house and unit prices. Despite this, the suburb has seen limited sales activity, with only 2 houses and 3 units sold in the past year. The median days on market for units is 24 days, while data for houses is unavailable, indicating a quicker turnover for units.

The rental market in Burnie has experienced significant growth, with house rents increasing by 20.6% and unit rents by 17.9% over the last 12 months. The average rent for houses is $450, while units average $330, reflecting a strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-5.2%N/A
Sold
Past 3 months
41
Median days on market
Past 12 months
4524
Average rent
Past 12 months
$450$330
Change in rent
Past 12 months
16.9%17.9%

5 year median price trend for houses and units

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Burnie demographics

Burnie, located on the picturesque northwest coast of Tasmania, is a small yet vibrant community known for its natural beauty and relaxed lifestyle. With a population of just 693, Burnie offers a close-knit community atmosphere, making it an ideal place for those seeking a quieter, more laid-back environment. The median age of 42 suggests a mature population, with a mix of families, professionals, and retirees who appreciate the area's scenic surroundings and slower pace of life.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 51.1% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both transient residents and those who prefer not to commit to home ownership. Meanwhile, 31.6% of properties are owned outright, reflecting a stable base of long-term residents who have settled in the area.

Family structures in Burnie are varied, with couple families without children making up nearly half of the family households at 49.1%. Couple families with children represent 24.8%, while one-parent families account for 23.6%, highlighting a balanced mix of family types. The median total household income of $1064 per week suggests a modest economic environment, typical of regional areas, where the cost of living is generally lower than in urban centers. Burnie's charm lies in its combination of natural beauty, community spirit, and a lifestyle that prioritizes quality over the hustle and bustle of city living.

Suburbs near Burnie

Some popular suburbs near Burnie include:

How does Burnie compare to nearby suburbs?

  • House price growth: Property prices in nearby Montello have risen 24.1% more than in Burnie over the past year.
  • Selling speed for houses: Properties in Burnie are selling 25.0% faster than in Parklands.
  • Selling speed for units: Properties in Burnie are selling 20.0% faster than in Park Grove.

Choose the right real estate agents in Burnie

There are 15 real estate agents in Burnie, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 56.3% of all sales in the past year.

Commission rates in Burnie typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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