FOR SALE
$180,000 - $198,000

G04/224-226 Burwood Highway
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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A cashflow gem opposite Deakin University

A great addition to your investment portfolio, promising excellent rental income directly opposite Deakin University, this contemporary one bedroom apartment is sparkling and stylish.
Students will be attracted to the sun-splashed open-plan living/meals, spilling outside to a generous alfresco terrace. Featuring a sleek stone kitchen, study nook and a gleaming ensuite, appreciate the heating/cooling and secure entry.
Extraordinarily convenient, there's a tram at the door for a swift trip to Burwood Brickworks Shopping Centre, lovely Burwood Village, Camberwell Junction and the city. Nearby buses travel to Box Hill Central, TAFE, the hospital precinct and Monash University.
- A sure-fire low-vacancy investment
- Student apartment opposite Deakin University
- Generous alfresco terrace
- Sunny living room and stone kitchen
- Secure entry
- Tram at the door
- Buses to Box Hill and Monash University
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Property Details for G04/224-226 Burwood Hwy, Burwood

G04/224-226 Burwood Hwy, Burwood is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with McGrath Box Hill.

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 8,416 properties. Over the last 5 years, Houses in Burwood have seen a 7.93% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Burwood is $1,404,021 while the median value for Units is $936,990.
  • Houses have a median rent of $680 while Units have a median rent of $520.
There are currently 36 properties listed for sale, and 25 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 3125

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Joo Ming Lim
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Michael Gao
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McGrath Box Hill
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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.