OFF MARKET

2/16 Wallace Road
Burwood VIC 3125

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 195m2
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Property Details for 2/16 Wallace Rd, Burwood

2/16 Wallace Rd, Burwood is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 195m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1989
Floor Size
100m2
Land Size
195m2
Local Government
Whitehorse
Lot/Plan
2/PS302927

Last Listing description (April 2022)

This attractive, contemporary single level home, the rear one of only two, offers a perfect opportunity for retirees scaling down, investors or young professionals. Immersed in natural light from large windows, its light-filled ambience combined with quality fittings and finishes compliments with its low maintenance lifestyle. Preceded by a north-facing porch - a perfect spot for coffee, the crisp white interior features polished timber floors, a generous, sun-drenched living area, separate dining room, two generous bedrooms with BIRs (main with bay windows) and sparkling fully tiled dual access bathroom. The renovated CaesarStone and Euro stainless steel equipped kitchen with living area and fold away study nook/computer station plus separate laundry leading to a back garden with paved outdoor dining and entertaining area - ideal for relaxing with family and friends. Other features include alarm, ducted heating & evaporative cooling, block out blinds & overhead fans (bedrooms), ample storage and a remote garage.

The home further benefits from its proximity to Wattle Park and numerous other parklands including the Gardiners Creek trails, with an excellent array of both private and public schools including Wattle Park Primary, St Benedict's and PLC nearby. Numerous shopping options include the Toorak/Warrigal Road strip shops, cafes and restaurants, Union Road shops, Burwood Brickworks Complex or the popular Leo's Fine Food Supermarket in Glen Iris plus public transport and Freeway options - all delivering the marvellous lifestyle & recreation benefits available in this family-friendly area.

Property History for 2/16 Wallace Rd, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$980,000
02 Apr 2022
  • 02 Apr 2022
    Sold for $980,000
  • 09 Mar 2022
    Listed for Sale Contact Agent
  • 25 May 2012
    Sold for $531,300
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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.