SOLD
Sold on 24 Jul 2024 for $580,000

242/1 Railway Parade
Burwood NSW 2134

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 242/1 Railway Pde, Burwood

242/1 Railway Pde, Burwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Burwood in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
51m2
Local Government
Burwood
Lot/Plan
242/SP88309

Last Listing description (October 2024)

Bright and spacious 1 bedroom, 1 bathroom and 1 car space apartment within security complex with lift access. Located on level 15, Tower B with magnificent suburb views. Best aspect with North facing, sunny and bright throughout the day.

- Corner apartment with extra windows and lights
- Separate Lounge and dining/study area

- Bedroom with built-in and great views
- Ducted air conditioning throughout
- Fully tiled bathroom with bath tub
- Modern kitchen with stone benchtop, gas cooking, stainless appliances
- Total Size: 76 sqm (apartment: 59 sqm, Parking + storage: 17 sqm)
- Enclosed balcony provides extra comfort

3 minute-walk to Burwood train station. 5 minute-walk to all restaurants, supermarkets and other amenities.

Strata: approx. $972.07 per quarter
Water: approx. $178.42 per quarter
Council: approx. $507 per quarter

Please contact Jun Fan 0401 317 926 or jun.fan@jvre.com.au

Property History for 242/1 Railway Pde, Burwood, NSW 2134

A timeline of how this property has performed in the market
Last Sold
$580,000
24 Jul 2024
Listed for Rent
25 Jul 2024
  • 24 Jul 2024
    Sold for $580,000
  • 19 Jul 2024
    Listed for Rent $750 / week
  • 22 May 2024
    Listed for Sale Not Disclosed
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About Burwood 2134

The size of Burwood is approximately 2.5 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Burwood in 2011 was 12,466 people. By 2016 the population was 16,011 showing a population growth of 28.4% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood work in a professional occupation. In 2011, 50.3% of the homes in Burwood were owner-occupied compared with 42.1% in 2016.

Burwood has 10,117 properties. Over the last 5 years, Houses in Burwood have seen a 61.00% increase in median value, while Units have seen a 18.62% increase. As at 31 August 2024:

  • The median value for Houses in Burwood is $2,786,773 while the median value for Units is $936,007.
  • Houses have a median rent of $880 while Units have a median rent of $750.
There are currently 77 properties listed for sale, and 91 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Burwood.

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Australian Property Alliance Management
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.