FOR SALE
Private Sales : $290,000

22/388 Burwood Highway
Burwood VIC 3125

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Prime Student Living Across from Deakin University: Exceptional Investment Opportunity

Unlock the ultimate in student living convenience with this stunning 2-bedroom, 1-bathroom apartment at 22/388 Burwood Highway, Burwood. Perfectly situated right across from Deakin University, this property is a golden opportunity for investors.
The prime location is the crowning feature, offering students unmatched ease of access to their studies. The area is rich with amenities, including diverse public transport options, entertainment venues, shops, and more, ensuring a comfortable and convenient lifestyle.
Enhancing this offering is the option to rent a car space through Student Housing Australia, adding further appeal for potential tenants and boosting the property's investment potential.
This student accommodation is a highly coveted asset in the Burwood market, promising a profitable investment for discerning buyers. Seize the opportunity to acquire a valuable piece of real estate in one of Melbourne's most dynamic student environments.
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Property Details for 22/388 Burwood Hwy, Burwood

22/388 Burwood Hwy, Burwood is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Burwood.

Building Type
Apartment

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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.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Burwood.

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Hans Liu
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Yafei Dong
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Ray White Burwood
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