Question 1

Is Burswood a nice place to live?

Accepted Answer

Burswood sits on the Swan River and functions as Perth’s entertainment and events precinct, centred on Optus Stadium and the Crown Perth complex and backed by broad foreshore parkland. Its streets mix modern riverside apartment towers with pockets of older commercial land, so everyday life feels largely urban and apartment-focused alongside hotels, restaurants and venue-driven activity. Train stations serve the stadium and regular travel, and river paths and green spaces make it easy to get outdoors.

The suburb has 2,779 residents with a median age of 38 and a median household income of $1,975 a week. Households are dominated by couple families, and homes are slightly more often rented than owner-occupied (50.5% rented versus 49.5% owner-occupied). Major precinct and peninsula plans propose new event and transport facilities plus riverfront parks and a marina while the racecourse site is guided by a redevelopment plan that keeps and upgrades racing facilities. Whether Burswood suits you comes down to whether you want a riverside, event-focused, apartment-style address close to the city.

Question 2

Is it expensive to live in Burswood?

Accepted Answer

Buying in Burswood sits well above local incomes at the last Census. A median house price of $1,402,000 is about 13.7 times a typical local annual household income at the last Census, and the median unit price of $1,009,950 is about 9.8 times that income.

Rents also take a sizeable portion of local earnings. An average house rent of $850 a week is about 43% of a typical local household's weekly income at the last Census (a large share), while an average unit rent of $750 a week is about 38% of that weekly income (a sizeable share). On these figures buying is much more stretched against what local households earned at the last Census; renting still takes a significant share of income and is comparatively less stretched.

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 Burswood a good place to invest?

Accepted Answer

The clearest story over the past year in Burswood is a sharp split between houses and units. Median unit values jumped 21.1% while median house values fell 20.0%, so capital movement went strongly in opposite directions for the two property types.

Rents rose for both types: house rents increased 6.2% and unit rents rose 7.1%, a solid rise in rental income on each. That means units delivered strong capital growth alongside slightly stronger rent growth this year, while houses saw rising rents but a large fall in value. Whether that mix fits your goals depends on whether you prioritise capital growth or rental income.

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	$1.40M	$1M
Change in value Past 12 months	-20.0%	21.1%
Sold Past 3 months	10	13
Median days on market Past 12 months	22	20
Average rent Past 12 months	$850	$750
Change in rent Past 12 months	6.3%	7.1%

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