Thinking about buying in Burra? Now could not be a better time, with 1338 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $406,000 with prices in this suburb ranging from $51,000 to $6,421,000. The aproximate distance to the coast is 80 Km.

Burra Real Estate Market Outlook

In Burra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Burra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Burra leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Burra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Burra the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Burra

	7 helston st, burra, sa, 5417	3	1	3	$420,000 - $440,000
	3 morehead st, burra, sa, 5417	4	1	3	$549,000
	5 bridge st east, burra, sa, 5417	2	1		$299,000
	35 commercial st, burra, sa, 5417	2	1	1
	10 paxton tce, burra, sa, 5417	3	2	3	$360,000
	27 ayers st, burra, sa, 5417	4	2	8	$590,000

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General Points of Interest

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