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Suburb Profile : Burwood

Suburb Profile : Burwood

12 kilometres from the Sydney CBD, Burwood is strategically located between the main artillery of the Sydney CBD and Parramatta. Approximately 20 minutes from Sydney CBD. 30 minutes to over 60 % of Sydney… Not bad for a geographical location in Sydney. Burwood has long been forgotten with emphasis being placed on other main hubs like Chatswood, St Leonards, Parramatta, Liverpool and Hurstville. I say, they have saved the best for last. Burwood trumps all locations with its vantage point of location. So much planning and investment has been splurged into Burwood which will basically reinforce its position as a strategic centre in metropolitan Sydney.

  • Over 23,000 people work in Burwood
  • More than 4,000 registered businesses in Burwood
  • The residents of Burwood produce an annual GRP of more than $1.9 billion, making the area truly the hub of the Inner West
  • 4 major ethnic populations which contribute greatly including China, South Korea, Italy & Lebanon
  • 14 new high rise apartment blocks approved within the last 12 months
  • A further 5 new skyscrapers under consideration

Visually, within the next 5 years, Burwood will be changed and cemented as a major hub outside the Sydney CBD. With the current property market softening, 3 years, 5 years, 10 years from now; you will never see the sale prices that you see today.

 

James Merheb

M1 Properties Managing Director & LREA

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