202/310 Burwood HighwayBurwood VIC 3125
Property Details for 202/310 Burwood Hwy, Burwood
202/310 Burwood Hwy, Burwood is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. While the property is not currently for sale or for rent, it was last sold in December 2019.
Last Listing description (February 2020)
A short stroll from Deakin University, this studio apartment is an ideal investment opportunity for investors and students alike. With a new lease signed until 12/02/2020 and a gross yield of about 10%, this open plan apartment will yield fantastic returns for the canny buyer. Featuring kitchen, living/meal area and separate bathroom.Located within the building are facilities including open courtyard, communal laundry, bicycle storage and allocated basement car parks. With easy access to public transport and close to shops, restaurants and local schools, there is no shortage of amenities surrounding this apartment.
Property History for 202/310 Burwood Hwy, Burwood, VIC 3125
- 04 Dec 2019Sold for $110,000
- 08 Jun 2019Listed for Sale Price on request
- 21 Jan 2016Sold for $130,500
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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 8,358 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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