OFF MARKET

105/8 Yarra Bing Crescent
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Last updated 11 Nov 2024
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Property Details for 105/8 Yarra Bing Cres, Burwood

105/8 Yarra Bing Cres, Burwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
Unit
Year Built
2013
Floor Size
51m2
Local Government
Whitehorse
Lot/Plan
105/PS711348

Last Listing description (December 2017)

Please note: This property is only available to The National Rental Affordability Scheme (NRAS) for eligible tenants. Please refer to the bottom of the advert to confirm whether you qualify for an NRAS tenancy.
One bedroom apartment, comprising 1 bedroom with built in robe, main bathroom, large modern kitchen with stainless steel appliances including dishwasher, mirrored splashback and stone bench tops, with adjoining spacious living area with balcony. Additional features include European laundry, split system air conditioner, security intercom and car space. Conveniently located with Deakin University, public transport, shops and recreational facilities all in close proximity.
The National Rental Affordability Scheme (NRAS) provides affordable rental for eligible tenants whose total 2017/2018 household gross income thresholds meet the following indicative criteria Household Type and Income being equal to or less than the following:

1 adult- $49,547
2 adults- $68,501
3 adults- $87,455
4 adults- $106,409
Sole parent with 1 child- $68,548
Sole parent with 2 children- $84,983
Sole parent with 3 children- $101,418
Couple with 1 child- $84,936
Couple with 2 children- $101,371
Couple with 3 children- $117,806

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Property History for 105/8 Yarra Bing Cres, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$375,000
09 Oct 2013
Listed for Rent
$285/w
28 Dec 2017
  • 21 Dec 2017
    Listed for Rent $285 / week
  • 08 Nov 2014
    Listed for Rent - Price not available
  • 09 Oct 2013
    Sold for $375,000

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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 8,360 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 39 properties listed for sale, and 20 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Burwood.

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