Burwood Property Growth
VIC · 3125 · Eastern Melbourne
A leafy middle-ring suburb roughly 14 km east of Melbourne's CBD, Burwood is best known as home to Deakin University's Melbourne Burwood Campus and the heritage-listed Wattle Park, giving it a distinctive mix of student, family and established residential character.
Overview
Location: City of Whitehorse / City of Monash
A leafy middle-ring suburb roughly 14 km east of Melbourne's CBD, Burwood is best known as home to Deakin University's Melbourne Burwood Campus and the heritage-listed Wattle Park, giving it a distinctive mix of student, family and established residential character.
Market Snapshot
Median House Price
$1.45m
Median Unit Price
$850k
Avg Days on Market
30 days
Demographics
Estimated Population
15,147
Owner Occupier Rate
57.3%
Renter Rate
37.2%
Transport & Connectivity
Burwood has no train station within its own boundaries — Burwood railway station is actually located in the neighbouring suburb of Glen Iris — but the suburb is well served by tram routes 70 and 75 running along Burwood Highway and Riversdale Road, plus local bus routes. Major Roads: Burwood Highway, Riversdale Road, Warrigal Road and Middleborough Road are the key arterials through the suburb. Tram Lines: Routes 70 and 75. Burwood is approximately 14 km from Melbourne's CBD. Verify current timetables and traffic conditions before relying on any commute estimate.
Education
Burwood hosts a range of primary, secondary and tertiary institutions. Primary Schools: Wattle Park Primary School and Burwood East-area primary schools serve local families. Secondary Schools: Presbyterian Ladies' College (PLC), Mount Scopus Memorial College and Emmaus College all have a presence in or near Burwood. Tertiary: Deakin University's Melbourne Burwood Campus, at 221 Burwood Highway, is one of the university's largest campuses and a major education precinct in its own right. Always verify availability and waitlists directly with providers.
Amenities & Lifestyle
Wattle Park, a 41-hectare heritage-listed urban park, is a defining green-space asset for the suburb, alongside Gardiners Creek Reserve's bike and walking trails. Local shopping is centred on the Warrigal Road/Burwood Highway intersection and the Bennettswood shopping strip at Burwood Highway/Station Street, while Deakin University's campus adds a steady flow of students, cafés and services to the area.
Employment
Major Employment Hubs: Deakin University's Burwood Campus is a significant local employer across academic, research, administrative and facilities roles. Commercial Centres: The Bennettswood and Warrigal Road/Burwood Highway shopping strips provide local retail and small business employment.
Infrastructure
Note for prospective buyers: Burwood genuinely straddles two council boundaries along Highbury Road, meaning some local services, rates and planning controls differ depending on which side of the suburb a property sits. No major state-government rail or road projects specific to Burwood are currently confirmed, although the broader Suburban Rail Loop East project includes a planned Burwood station as part of its Cheltenham-to-Box Hill corridor. No further projects beyond those noted above are currently confirmed for Burwood. Check Infrastructure Australia's project pipeline, State Government announcements or the City of Whitehorse's and City of Monash's websites for the latest updates.
Growth Drivers
- Deakin University anchor — A major university campus provides consistent demand for nearby rental housing from students and staff, plus stable local employment.
- Wattle Park and green space — The heritage-listed Wattle Park and Gardiners Creek trails are a distinctive lifestyle asset uncommon in many middle-ring suburbs.
- Tram connectivity — Routes 70 and 75 provide frequent, direct access toward the CBD along Burwood Highway and Riversdale Road.
- Planned Suburban Rail Loop East station — A future SRL East station at Burwood, part of the broader Cheltenham-to-Box Hill corridor, may improve longer-term transport access, subject to project delivery timelines.
Key Risks
- Split council administration — Burwood is genuinely divided between the City of Whitehorse and City of Monash along Highbury Road, which can mean different rates, permits and local planning rules depending on address.
- No local train station — Residents depend on trams and buses, or travel to Glen Iris station in the adjoining suburb, for rail access.
- Long-dated infrastructure timelines — The Suburban Rail Loop East project is a long-term undertaking; delivery timing and final scope can change.
- Interest rate and lending sensitivity — Buyer demand and borrowing capacity in Burwood are sensitive to changes in interest rates and lending conditions.
Frequently Asked Questions
Burwood's combination of Deakin University, Wattle Park, tram access and a planned Suburban Rail Loop East station gives it a distinctive set of demand drivers among Melbourne's middle-ring suburbs. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.
Refer to the Market Snapshot section on this page for current median price data sourced from our live database.
Burwood is home to Deakin University's Melbourne Burwood Campus, plus nearby independent schools including Presbyterian Ladies' College, Mount Scopus Memorial College and Emmaus College, and local primary schools such as Wattle Park Primary School.
Burwood has no train station of its own, but is served by tram routes 70 and 75 along Burwood Highway and Riversdale Road, with Glen Iris railway station in the adjoining suburb providing rail access. Verify current timetables before relying on any commute estimate.
Wattle Park and Gardiners Creek Reserve offer significant green space and trails, while local shopping is centred on the Bennettswood strip and the Warrigal Road/Burwood Highway intersection, alongside the amenities that come with a large university campus.
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Calculate Future ValueSources
- ABSCensus QuickStats— https://www.abs.gov.au/census
- Local Councilhttps://www.whitehorse.vic.gov.au/ (northern part of Burwood); City of Monash— https://www.monash.vic.gov.au/ (southern part of Burwood)
- Department of Transport VictoriaDepartment of Transport and Planning Victoria— https://www.transport.vic.gov.au/
- Victorian Planning AuthorityVictorian Planning Authority— https://vpa.vic.gov.au/
- Infrastructure AustraliaProject Pipeline— https://www.infrastructureaustralia.gov.au/
This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.