Your suburb, scored · Data as of Oct 2026

Burnside, VIC

Postcode 3023, 3024 · Melton council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 86 / 100 — ranked #2,248 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$870,000

Up 1.2% over the past 12 months of settled sales.

Median weekly rent$570/wk

That's a gross yield of 3.4% at the current median price.

Vacancy rate4.7%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Burnside, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Burnside's streets below.

Other High-Scoring Suburbs in Melton (VIC)

IndicatorBurnside ReadingContext & Benchmark
Ripehouse R-Score86 / 100Ranked #2,248 of 15,286 Australian suburbs (Oct 2026)
Median House Price$870,000+1.2% over the past 12 months of settled sales
Median Weekly Asking Rent$570/wkImplies a 3.4% gross rental yield at the current median price
Rental Vacancy Rate4.7%Above the 1.5% tight-supply threshold
Median Days on Market64 daysPart of Melton (VIC) council area (LGA avg R-Score 88/100)

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Burnside VIC FAQs

Frequently Asked Questions: Investing in Burnside, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Burnside.

Is Burnside VIC a good suburb for property investment in 2026?

As of Oct 2026, Burnside (VIC 3023) scores 86/100 on the Ripehouse R-Score, ranking #2,248 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $870,000, median rent of $570/wk, gross yield of 3.4%, and vacancy of 4.7%.

What is the median house price and 12-month growth in Burnside VIC?

The current median property price in Burnside (VIC) is $870,000 (Oct 2026), representing a +1.2% change over the past 12 months. Properties in Burnside currently spend a median of 64 days on market.

What is the rental yield and vacancy rate in Burnside VIC?

In Burnside (VIC), the median weekly asking rent is $570/wk, producing a gross rental yield of 3.4%. The suburb vacancy rate is 4.7% as of Oct 2026.

What are the best streets in Burnside VIC?

Ripehouse Advisory scores every G-NAF street in Burnside against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Burnside Street Score tool on this page to compare individual streets.

Which council area (LGA) is Burnside VIC located in?

Burnside (VIC, postcode 3023, 3024) is located in the Melton council area (LGA) within Greater Melbourne. Across Melton, the council-wide average R-Score is 88/100 across 18 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.