1/13 Johnston StreetBurwood VIC 3125
Property Details for 1/13 Johnston St, Burwood
1/13 Johnston St, Burwood is a 4 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 361m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom Unit sold in Burwood in the last 12 months.
Last Listing description (May 2024)
Situated on a prime 361 sqm parcel of land in the heart of Burwood, this 4-bedroom unit at 1/13 Johnston Street offers a rare opportunity for renovation or redevelopment. With close proximity to Burwood Brickworks, public transport, and multiple schools, this property is perfectly positioned for convenience and lifestyle.
The property presents as either a renovator's delight or a knockdown rebuild, providing endless possibilities for those with a creative vision. Being one of only two units on the block and boasting a generous land size, this property offers a unique opportunity in the Burwood marketplace.
Located in the highly sought-after Mount Waverley school zone, this property is ideal for families looking to secure a spot in a prestigious school district. Additionally, the property's current rental potential provides an opportunity to earn income while planning your renovation or development project.
Don't miss this rare opportunity to secure a property with great potential in a highly desirable location. Contact us today to arrange a private inspection.
Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1/13 Johnston St, Burwood, VIC 3125
- 06 Sep 2024Listed for Rent $550 / week
- 28 May 2024Sold for $690,000
- 01 May 2024Listed for Sale Online Auction | $680,000 - $748,000
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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.
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