OFF MARKET

Railway Parade
Burwood NSW 2134

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 703/16 Railway Pde, Burwood

703/16 Railway Pde, Burwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Burwood

Last Listing description (July 2023)

Luxury designed apartment is situated in the heart of Burwood providing ease and convenience being in close proximity to Burwood station, Burwood Plaza and Burwood Westfields. Generous space with open plan living area which allows for plenty of natural light with a spacious bedroom with built in wardrobe and balcony views of the city. Also provides a modern kitchen with appliances including gas stovetop, gas oven and stone benchtop. Along with this, ducted air conditioning is spanned throughout the unit with an internal laundry.

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Property History for 703/16 Railway Pde, Burwood, NSW 2134

A timeline of how this property has performed in the market
Listed for Rent
$710/w
26 Jul 2023
  • 22 May 2023
    Listed for Rent $710 / week

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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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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.