SOLD
Sold on 22 Jan 2024 for $20,000,000

2/588A Swan Street
Burnley VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3764m2
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Property Details for 2/588a Swan St, Burnley

Building Type
Commercial
Land Size
3764m2
Local Government
Yarra
Lot/Plan
S88/PS517100

Property History for 2/588a Swan St, Burnley, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$20,000,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $20,000,000

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About Burnley 3121

The size of Burnley is approximately 1.1 square kilometres. It has 6 parks covering nearly 48.9% of total area. The population of Burnley in 2011 was 738 people. By 2016 the population was 791 showing a population growth of 7.2% in the area during that time. The predominant age group in Burnley is 20-29 years. Households in Burnley are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Burnley work in a professional occupation. In 2011, 48.6% of the homes in Burnley were owner-occupied compared with 48.5% in 2016.

Burnley has 635 properties. Over the last 5 years, Houses in Burnley have seen a 12.22% increase in median value, while Units have seen a 5.02% increase. As at 31 October 2024:

  • The median value for Houses in Burnley is $1,438,197 while the median value for Units is $664,203.
  • Houses have a median rent of $850 while Units have a median rent of $500.
There are currently no properties listed for sale, and 1 property listed for rent in Burnley on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Burnley.

Suburb Insights for Burnley 3121

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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.