OFF MARKET

1/1 Central Avenue
Burwood VIC 3125

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 83m2
Land area: 167m2
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Last updated 18 Nov 2024
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Property Details for 1/1 Central Ave, Burwood

1/1 Central Ave, Burwood is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1971. The property has a land size of 167m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1971
Floor Size
83m2
Land Size
167m2
Local Government
Whitehorse
Lot/Plan
1/RP2400

Last Listing description (November 2024)

So conveniently located, this 2 bedroom unit offers either a safe entry or scaling-down property or a brilliant investment. With the bonus of a double garage, it offers BIR to both bedrooms, polished timber floors, ducted heating, modernised kitchen, with gas cooking and undercover, secure access from the spacious garage to the unit.

Set on a corner, with independent access, it is just 50 metres from the #75 tram and the Burwood (Toorak Road) shopping strip, it is also close to Deakin University and PLC.

NOTE: Furniture is not included.

For a full list of our properties, visit our website at www.cnre.com.au.

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Property History for 1/1 Central Ave, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$750,000
17 Sep 2022
Listed for Rent
$490/w
29 Oct 2024
  • 29 Oct 2024
    Listed for Rent $490 / week
  • 17 Oct 2022
    Listed for Rent $400 / week
  • 17 Sep 2022
    Sold for $750,000
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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 8,359 properties. Over the last 5 years, Houses in Burwood have seen a 7.56% increase in median value, while Units have seen a 29.60% increase. As at 31 October 2024:

  • The median value for Houses in Burwood is $1,429,165 while the median value for Units is $857,628.
  • Houses have a median rent of $650 while Units have a median rent of $523.
There are currently 41 properties listed for sale, and 19 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 366 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 3125

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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.