Burwood
The median rent for a 2-bedroom unit in Burwood is $570 a week for leases that started in the year to September 2025, up 3.6% on a year earlier. That is 4% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,325,000 for a house and $870,500 for a unit. A year of rent for that home is about 3.5% of its median sale price (gross rental yield). The rent data covers Burwood-Ashburton as one area, so these rent figures are shared by Ashburton, Burwood.
Median rent in Burwood
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $450 | +21.6% | 74 |
| 2-bedroom unit | $570 | +3.6% | 181 |
| 3-bedroom unit | $720 | +5.9% | 104 |
| 2-bedroom house | $580 | +11.5% | 47 |
| 3-bedroom house | $650 | 0.0% | 191 |
| 4-bedroom house | $878 | +9.8% | 136 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,325,000 | Mar 2026 quarter |
| Unit | $870,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Canterbury $570 a week
- Hughesdale $570 a week
- Mont Albert $570 a week
- Murrumbeena $570 a week
- Surrey Hills $570 a week
- Alphington $575 a week