205/224-226 Burwood HighwayBurwood VIC 3125
Property Details for 205/224-226 Burwood Hwy, Burwood
205/224-226 Burwood Hwy, Burwood is a 2 bedroom, 2 bathroom Studio with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Studio sold in Burwood in the last 12 months.
Last Listing description (August 2024)
This student accomodation is offering an excellent return and also comes with a car park that is rare to find in these investments. Unlock the potential of this furnished two-bedroom, two-bathroom apartment perfectly situated directly opposite Deakin University. Ideal for investors, this property offers a unique blend of convenience and comfort, ensuring a high demand from students and professionals alike.
Features Include:
* Get $535 per week
* Bedrooms: Two lockable bedrooms, each furnished with a single bed, study desk, and stylish private bathroom.
* Two bathrooms
* Kitchen: Full kitchen with gas cooking, microwave, fridge, cutlery, crockery, meals table, and chairs.
* Living Area: Shared lounge area with gas heating and a color television.
* Private Balcony: Enjoy a private balcony for relaxation.
* Security: Intercom security entrance for peace of mind.
* Laundry Facilities: Communal laundry in the basement area.
* Bicycle Storage: Bicycle storage facilities available.
* Transport: Tram number 75 stops right in front of the building, providing quick access to local shops and a direct route to Melbourne City centre in approximately thirty minutes.
Don't Miss Out:
This is a rare opportunity to invest in a property that guarantees high occupancy due to its unbeatable location and amenities. Contact us today to arrange a viewing and secure your future with this prime investment.
Property History for 205/224-226 Burwood Hwy, Burwood, VIC 3125
- 02 Aug 2024Sold
- 29 Jul 2024Listed for Sale $250,000 to $275,000
- 03 Nov 2023Listed for Rent $520 / week
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About Burwood 3125
The size of Burwood is approximately 6 square kilometres. It has 28 parks covering nearly 18.5% of total area. The population of Burwood in 2011 was 13,162 people. By 2016 the population was 15,015 showing a population growth of 14.1% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily couples with children 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, 64.2% of the homes in Burwood were owner-occupied compared with 58.5% in 2016.
Burwood has 8,328 properties. Over the last 5 years, Houses in Burwood have seen a 20.78% increase in median value, while Units have seen a 15.70% increase. As at 31 July 2024:
- The median value for Houses in Burwood is $1,429,930 while the median value for Units is $801,697.
- Houses have a median rent of $650 while Units have a median rent of $520.
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