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Sold on 25 Oct 2024 for $600,000

37/16-22 Burwood Road
Burwood NSW 2134

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1209m2
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Property Details for 37/16-22 Burwood Rd, Burwood

37/16-22 Burwood Rd, Burwood is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 1209m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Burwood in the last 12 months.

Building Type
Unit
Year Built
2000
Land Size
1209m2
Local Government
Burwood
Lot/Plan
37/SP63538

Last Listing description (November 2024)

An exciting opportunity awaits buyers or investors to purchase this impressively proportioned one-bedroom apartment that's enticing with its size, scope and central location close to the heart of Burwood. Situated in the well-maintained Olympus security complex, the well-appointed property offers a spacious retreat with bright living spaces and an elevated setting that captures district views to the city. This great low-maintenance home is also within footsteps to Burwood Park, and a short 700m level stroll to Burwood's major shopping, transport, dining precincts and the upcoming Burwood North Metro.

Large-sized interiors with a generous living and dining area
Covered north-facing balcony that captures views to the city

A well-sized bedroom that has a built-in and balcony access
Smartly appointed gas kitchen, full bathroom, internal laundry
Security building with lift access to a car space in the basement
Presented in great condition with lots of scope to further value-add
A solid investment option with excellent growth and rental potential
Stroll to the train station, Burwood Chinatown & Westfield shopping

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Property History for 37/16-22 Burwood Rd, Burwood, NSW 2134

A timeline of how this property has performed in the market
Last Sold
$600,000
25 Oct 2024
Listed for Rent
$490/w
04 Nov 2022
  • 25 Oct 2024
    Sold for $600,000
  • 24 Sep 2024
    Listed for Sale For Sale
  • 21 Oct 2022
    Listed for Rent - Price not available
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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 10,063 properties. Over the last 5 years, Houses in Burwood have seen a 54.24% increase in median value, while Units have seen a 17.33% increase. As at 31 October 2024:

  • The median value for Houses in Burwood is $2,797,892 while the median value for Units is $940,277.
  • Houses have a median rent of $835 while Units have a median rent of $773.
There are currently 85 properties listed for sale, and 117 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 383 properties were sold in the past 12 months in Burwood.

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