19 Faelen StreetBurwood VIC 3125
Property Details for 19 Faelen St, Burwood
19 Faelen St, Burwood is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 584m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Last Listing description (February 2021)
Impeccably located in the heart of Burwood, this promising 590sqm. approx. block is sure to deliver outstanding returns. Quietly nestled amongst the trees in the side streets off Elgar Road, this desirable locale enjoys near unparalleled proximity to Deakin University and PLC, Wattle Park, and gorgeous Gardiner's Reserve. Incredible rental returns are guaranteed as you enjoy a location delivery peace and privacy, balanced with superior access to the best that Burwood has to offer.
Ostensibly a 2 bedrooms residence, the renovation or rebuild investment potential is impossible to deny. You will be investing in one of the up-and-coming suburbs or the East. Tram lines delivering you directly into the city, schools, and universities offering the highest level of education around, and a cultural hub offering local and international cuisine; investing in Burwood is not investing in not just investing in property, it is investing in the future. Conveniently located, an effortless stroll to Wattle Park, PLC, Deakin University, shopping, and trams with proposed access to Burwood Station via the Suburban Rail Loop to come.
Photo I.D required for all inspections.
Property History for 19 Faelen St, Burwood, VIC 3125
- 07 Feb 2021Sold for $1,400,000
- 15 Jan 2021Listed for Sale AUCTION THIS SUNDAY!
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0About 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 8,358 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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