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Burnley house prices & rent trends — the risks to check before you buy

Burnley is a small community with a median age of 32, among the most socio-economically advantaged areas in the state on the ABS's SEIFA index. Housing is mixed, with a meaningful share of apartments and units (around 32%) alongside houses. The area is still light on cafés, shops and other everyday amenity. It's close to the city and well served by both train and tram. The median house price sits at $1,105,000. Worth weighing against who lives here and how the area is set up, before you look at the planning and risk checks below for a specific property in Burnley.

Ready to look at a specific property here? See the due diligence hub for what to verify before you sign.

House median
$1,105,000
median sale price
Unit median
$435,000
apartment / flat
Median rent
$675/wk
per week
Gross yield
3.2%
rent ÷ house price
SuburbHeritageFlood

Suburb boundary with planning overlays — toggle them top-right. Map © OpenStreetMap, © CARTO; overlays © Vicmap Planning.

Burnley by the numbers

Cost & market
Typical house price
$1,105,000
median sale, most recent quarter
Typical unit price
$435,000
median apartment / flat
Typical rent
$675/wk
median all homes · Sep 2025
Rental yield
3.2%
gross — annual rent ÷ house price
Who lives here
Population
794
usual residents (Census 2021)
Owner-occupied
53%
50% rented
Median age
32 yrs
of residents
Personal income
$1,418/wk
median, per week
Household income
$2,423/wk
median, per week
Avg household size
2.1 people
people per home · 16% live alone, 13% share housing
Monthly mortgage
$2,200/mo
median repayment
Recorded crime
155 per 1,000 residents
a year, across all of Yarra council, not just Burnley · higher than most VIC councils
How advantaged the area is

Deciles 1–10 vs all Victorian areas — 10 = most advantaged — from the ABS SEIFA index. A demographic measure, not a house-price one. These three don’t always move together — a suburb with lots of renters or students, for example, can score high on education but lower on income and housing costs.

Overall advantage
10/10
Among Victoria's most advantaged areas
Economic resources
3/10
income, housing costs & wealth
Education & occupation
10/10
qualifications & skilled jobs
The homes here

Mix of dwelling types across the suburb (Census 2021)

Houses 20%Townhouses 50%Apartments 32%

Who owns and rents here (Census 2021)

Owned 53%Private rental 37%Social housing 4%
More detail on building height and bedroom mix (Census 2021)

Apartment building height (share of all dwellings in the suburb, not just apartments):

  • Low-rise (1–2 storeys): 13%
  • Mid-rise (3–8 storeys): 18%

Bedroom mix (share of all occupied dwellings):

  • Studio or 1 bedroom: 21%
  • 2 bedrooms: 39%
  • 3 bedrooms: 32%
  • 4 or more bedrooms: 9%

Not sure whether a house, townhouse or apartment suits you? Decide what to buy →

Location & lifestyle
Distance to the CBD
~5.1 km
from the suburb centre
Getting around
14 train · 4 tram · 1 bus
nearest train station ~0.7 km · counts are stop points, not stations (a station is often several)
Cafés & amenity density
1 cafés
Low café & amenity density — likely more car-dependent
Restaurants
0
places to eat nearby
Supermarkets
0
grocery stores nearby
Pharmacies
0
chemists nearby
Parks
10
green space nearby
Schools
0
primary & secondary
Nearest Centrelink
~2.9 km
outside the suburb
Zoning & planning controls — check before you buy

Land use across the suburb (planning zones)

Public / Parks 61%Other 24%Residential 9%Commercial 6%
Zoning
Public / Parks
mostly Public Park And Recreation Zone (PPRZ) · 52% of the suburb
Heritage overlay
Very high · 69%
9 named overlay areas (HO299, HO306, HO322 +6 more) — oldest gazetted 1999
Flood overlay
High · 41%
of the suburb — verify this address
Bushfire overlay
Very low · 0%
of the suburb — verify this address
Building & development controls

Planning overlays that can affect building, renovating or removing vegetation somewhere in Burnley — confirm whether any apply to the specific address.

  • Design & Development Overlay — height, setback or design rules on new building
  • Significant Landscape Overlay — controls to protect the area’s landscape character
  • Development-contributions levy — new development pays an infrastructure contribution

Overlay colours reflect how much of the suburb an overlay covers — green under ~8%, amber ~8–20%, red above 20%. Public-acquisition, contamination (EAO) and floodway overlays are flagged (below) wherever they apply, because even a small area can include a specific property.
Recorded crime is a council-wide rate — every offence police logged over the latest year (theft, property damage, drug and traffic offences and the like, not only violent crime) divided by the council’s residents. A broad area signal, not a figure for this exact street.
All figures are suburb-level indicators, not property-specific — always confirm the exact address on the Section 32. Sources: ABS Census 2021, Valuer-General Victoria, DFFH Rental Report, Crime Statistics Agency Victoria, Vicmap Planning, Victorian Government UDP, Victorian Department of Education (schools & zones, via data.vic, CC BY 4.0), OpenStreetMap. What do these terms mean?

How Burnley compares

Where Burnley ranks against other suburbs on the measures buyers ask about — a higher bar isn’t always “better”, it’s just where this suburb sits.

Price
more expensive than 55%
Advantage
more advantaged than 79%
Recorded crime (council area)
lower recorded crime than 4%
Café & amenity density
denser in cafés & shops than 31%
CBD access
closer to the city than 94%
Price
more expensive than 1%
Advantage
more advantaged than 64%
Café & amenity density
denser in cafés & shops than 9%
CBD access
closer to the city than 18%

Prices & rents over time

How Burnley’s market has moved — up to 12 years of sale prices and 20+ years of rents.

Median sale price over time
By year (Valuer-General Victoria). Small-suburb medians can swing year to year on a few big sales — read the trend, not the wiggles.
HousesUnits
YearHousesUnits
2024$1,429,000$336,500
2023$1,582,500$535,000
2022$1,565,000$572,000
2021$1,595,000$513,000
2020$1,497,500$539,000
2019$1,188,500$445,000
2018$1,277,500$987,500
2017$1,405,000$497,500
2016$1,215,000$470,000
2015$999,000$412,500
2014$1,100,000$420,000
2013$836,000$355,500
Median weekly rent over time
All homes, one point per year (DFFH Rental Report).
YearMedian rent
2025$675/wk
2024$650/wk
2023$600/wk
2022$495/wk
2021$460/wk
2020$525/wk
2019$525/wk
2018$510/wk
2017$500/wk
2016$490/wk
2015$475/wk
2014$475/wk
2013$480/wk
2012$450/wk
2011$460/wk
2010$440/wk
2009$420/wk
2008$385/wk
2007$350/wk
2006$320/wk
2005$300/wk
2004$290/wk
2003$285/wk
2002$270/wk
2001$270/wk
2000$255/wk
Rent by home size
Latest median weekly rent · Sep 2025 · from 2,398 recorded leases.

New development pipeline

Major residential redevelopment tracked by the Victorian Government (UDP 2025) — infill and apartment/townhouse sites, not greenfield house-and-land estates.

~37 new dwellings · 1 major project · 0% apartments
New dwellings by project stage (Victorian Government · UDP 2025).
Committed 37Recently completed 10

Planning changes in Burnley

No zone changes or new planning overlays have been recorded on land in Burnley since 2017 — its planning rules have stayed put over the period we track. That stability is itself worth knowing.

Source: Vicmap Planning Scheme History (2017–present). How Melbourne’s zoning actually changed over the decade →

Schools

Parts of Burnley fall within 4 primary and 3 secondary government school catchments. No schools sit within the suburb boundary itself, though the catchments above extend into it from neighbouring areas.

Government schools have address-based catchment zones; Catholic and independent schools set their own enrolment processes.

Zoned government schools
Catchments that cover part of Burnley — a suburb can span several, and your exact address decides which applies. Confirm at findmyschool.vic.gov.au.
Primary
Glenferrie Primary SchoolHawthorn West Primary SchoolRichmond Primary SchoolToorak Primary School
Secondary
Auburn High SchoolPrahran High SchoolRichmond High School

What to check before you buy in Burnley

Burnley is one of Melbourne's most heritage-dense suburbs — around 69% sits under a Heritage Overlay — so many homes are period properties where demolition and even external changes need a planning permit. It also carries meaningful flood-overlay coverage (about 41% of the suburb). The specific things worth confirming here, plus the two every buyer should check.

C1

Public Acquisition Overlay

Part of Burnley is reserved for a future public work (e.g. a road or rail project) under a Public Acquisition Overlay — land it covers can be compulsorily acquired by the authority. Check whether this specific property is affected before you commit.

C2

Potentially contaminated land (EAO)

An Environmental Audit Overlay applies to part of Burnley — usually former industrial or commercial land. A satisfactory environmental audit can be required before it’s used for a home; confirm whether the property sits within it.

C3

Heritage Overlay likely

About 69% of Burnley sits under a Heritage Overlay — a high-heritage suburb. Check whether one applies to this property: it can restrict demolition, extensions and even exterior paint colours, and a permit is needed for changes. Confirm it’s disclosed in the planning section.

C4

Flood / inundation overlay risk

Roughly 41% of Burnley carries a flood-related overlay. Confirm the land isn’t in a Land Subject to Inundation Overlay (LSIO) or Special Building Overlay (SBO) — both affect insurance, build height and what you can construct.

C5

Easements & covenants

Check Section 3 for easements (e.g. drainage/sewer along a boundary — you usually can’t build over them) and restrictive covenants (single-dwelling, materials, height) that limit your plans.

C6

Owners corporation (if applicable)

Apartments and many townhouses in Burnley are in an owners corporation. If so, the statement must include its certificate — review annual fees, any special levies, the maintenance fund and insurance.

Already under contract in Burnley?

Buyer questions about Burnley

What should I check in a Section 32 for Burnley?

For Burnley, pay particular attention to heritage overlays (about 69% of the suburb is affected), any flood-related overlay (~41%), easements and restrictive covenants on the title, and — for apartments — the owners-corporation certificate with its fees and any special levies.

Does Burnley have heritage overlays?

About 69% of Burnley sits under a Heritage Overlay — a high-heritage suburb. Confirm whether one applies to this property in the Section 32's planning section; it restricts demolition, extensions and even exterior paint colours, and a permit is needed for changes.

Is a free Section 32 review legal advice?

No. Delora gives a fast, plain-English review to help you understand the statement and ask better questions. Always have a licensed conveyancer or solicitor review the contract before you sign.

Neighbouring suburbs

The 4 suburbs that border Burnley.

Browse all suburbs →

Learn how to use this page

The heritage, flood and bushfire figures above are suburb-wide — they tell you how common an overlay is here, not whether it applies to one specific address. Confirm via VicPlan and an in-person inspection before you rely on them.