1/224-226 Burwood Hwy, Burwood is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1291m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Burwood in the last 12 months.
This well-appointed apartment is a haven for students, offering a blend of convenience and comfort. With its close proximity to Deakin University, the property presents an excellent investment opportunity with a strong rental income of approximately $2000 per month. The layout includes two spacious bedrooms, each with its own bathroom, providing privacy and convenience for occupants.
The property's prime location ensures easy access to public transportation, making it a breeze to explore the vibrant city of Melbourne. Additionally, the Burwood Highway tram provides convenient access to a myriad of amenities, including shopping centres, dining options, and entertainment venues.
Whether you're a student seeking a comfortable living space or an investor looking for a lucrative opportunity, 1/224-226 Burwood Highway is an address that combines the best of both worlds. Don't miss out on this exceptional property that offers the perfect blend of location, convenience, and modern living.
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
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 8,330 properties. Over the last 5 years, Houses in Burwood have seen a 14.78% increase in median value, while Units have seen a 41.97% increase. As at 31 August 2024:
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