SOLD
Sold on 16 Jul 2024 for $900,000

24/12 Railway Parade
Burwood NSW 2134

Bedrooms: -
Bathrooms: -
Car spaces: -
Save

Property Details for 24/12 Railway Pde, Burwood

Building Type
Commercial
Local Government
Burwood
Lot/Plan
24/SP53585

Last Listing description (February 2023)

STRATA OFFICE IN BURWOOD PROFESSIONAL CENTRE

A great opportunity to invest in a fully fitted commercial strata office located on Level 3 in the tightly held "Burwood Professional Centre" just 200 metres to Burwood train station and the array of retail and eateries Burwood Road has to offer. Just a short stroll away is Westfield shopping centre, Burwood Plaza and Burwood Chinatown.

* Internal office area of 99sqm + parking area of 13sqm
* Own kitchenette with lunchroom

* Secure underground parking with direct lift access
* Ducted air conditioning throughout
* Modern entrance foyer with 2 lifts to all floors and basement parking
* Onsite caf with expansive forecourt open area
* Newly renovated bathroom facilities
* Will suit owner occupiers, investors & self-managed super fund buyers alike

AUCTION: ONSITE 11.30AM SATURDAY 26 NOVEMBER 2022

INSPECTIONS BY APPOINTMENT: REBECCA KOURA 0401 010 196

Property History for 24/12 Railway Pde, Burwood, NSW 2134

A timeline of how this property has performed in the market
Last Sold
$900,000
16 Jul 2024
  • 26 Nov 2022
    Sold - Price Undisclosed
  • 27 Oct 2022
    Listed for Sale Contact Agent

Commute Calculator

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 10,132 properties. Over the last 5 years, Houses in Burwood have seen a 60.22% increase in median value, while Units have seen a 13.55% increase. As at 30 November 2024:

  • The median value for Houses in Burwood is $2,766,604 while the median value for Units is $934,864.
  • Houses have a median rent of $800 while Units have a median rent of $775.
There are currently 73 properties listed for sale, and 107 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 2134

Market Insights
Burwood Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Burwood Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.