FOR SALE
Private Sales : $290,000

62/388 Burwood Highway
Burwood VIC 3125

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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STUDENT ACCOMMODATION OPPOSITE DEAKIN UNI- AFFORDABLE INVESTMENT OPPORTUNITY

Offered at an exceptional value and promising attractive returns, this contemporary two-bedroom apartment on the first level features an efficient and inviting layout, complemented by a private balcony that overlooks a tranquil courtyard. The thoughtfully arranged interior includes two well-appointed bedrooms, a dedicated study space, a warm entrance area, a kitchen with dining space, and plush wall-to-wall carpeting. Enhancing the living experience, the complex provides amenities such as laundry services, recreational spaces, and ample car parking.
Perfectly situated directly across from Deakin University, this fully furnished apartment represents a prime investment opportunity, boasting a strong rental yield of $450 per week in a rapidly developing area.
Its coveted location offers seamless access to the very best that Burwood has to offer, from quaint local cafes and a wide array of shopping and dining options. Public transport is readily available, with tram route 75 and numerous bus services at your doorstep, ensuring convenient connectivity to the broader region.
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Property Details for 62/388 Burwood Hwy, Burwood

62/388 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 8,326 properties.

    There are currently 44 properties listed for sale, and 22 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Burwood.

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    Vita Liu
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    Yafei Dong
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    Ray White Burwood
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    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.