Question 1

Is Burradoo a nice place to live?

Accepted Answer

Burradoo is a quiet garden suburb in the Southern Highlands with a country-estate feel. Mature trees, established lawns and grand Federation and Victorian homes on generous blocks give it a low-density, genteel character. Housing ranges from heritage mansions to family homes and small acreage, and it sits close to Bowral's cafes, boutique shops and regional rail links. Residents also benefit from nearby parkland, walking routes and the cool Highland climate.

The community of 2,879 has a median age of 59 and a median household income of $2,180 a week. Most homes are owner-occupied and couples, with and without children, make up the large majority of families. Council has several local projects under way or planned, from a proposed netball clubhouse and a shared-path link to funded footpath and intersection upgrades. Whether Burradoo suits you depends on the kind of suburb you want.

Question 2

Is it expensive to live in Burradoo?

Accepted Answer

For houses in Burradoo, current figures show a median sale price of $2,250,000 and average house rent of $1,200 a week. Against a typical local household income of $2,180 a week as recorded at the most recent Census, that rent would take about 55% of a household's weekly income, a large share.

The median house price works out to about 19.8 times a typical local annual household income at the last Census, which sits well above local incomes. For someone focused on renting rather than buying, the rent share is the most relevant number; buying sits far higher relative to what households locally were earning at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Burradoo a good place to invest?

Accepted Answer

House prices in Burradoo fell 6.9% over the past 12 months while house rents rose 4.3% in the same period. The price figure describes capital movement and the rent figure describes how rental income changed, so this year rents moved in the opposite direction to values and the rental-income side outperformed capital for houses. If rental income is your primary concern, the rise in rents is the relevant number; if capital growth is your priority, the decline in house values is what to note. Which of those fits your situation is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$2.25M	N/A
Change in value Past 12 months	-6.9%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	96	N/A
Average rent Past 12 months	$1200	N/A
Change in rent Past 12 months	4.3%	N/A

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