6/47 Railway Cres, Burwood NSW 2134
6/47 Railway Cres, Burwood NSW 2134
This 2-bedroom, 2-bathroom apartment / unit with 1 car spaces on a 678 sqm block is positioned in Burwood NSW. The property is ideal for low-maintenance living with convenient access to local amenities.
Market Insight:
Burwood’s inner-west mix of retail, schools and rail-backed convenience keeps buyers engaged, while a 48% rental cohort ensures investors and upsizers chase the suburb even as budgets tighten. Affordability is stretched – indexing about 160 years to ownership – and record-low stock (0.27% on-market) means vendors sit tight, so the risk lies in rate sensitivity but the tight supply underpins the near-term outlook. Over the past six months the price tone has been flat to slightly softer, with house medians down mid-single digits and units steady near $915,000 after marginal gains.