21 Glengarry Ave, Burwood is a 10 bedroom, 5 bathroom House with 5 parking spaces and was built in 1970. The property has a land size of 741m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last transferred in July 2019.
A Super Site for Investment or Development (STCA)
Set on a corner position with 1410sqm approx and only a few doors away from Deakin University, is this rare investment or development opportunity (STCA). These 2 houses of 14 bedrooms in total are currently registered as student accommodation returning approximately $130,000 per annum. The potential of a multi-development site (STCA) or just sit back and reap the outstanding rental yield are enticing to any smart buyer. Located close to many other great schools such as PLC and Mt Scopus, not to mention shops, cafe's and trams....inspection is a must.
PHOTO 'ID' MUST BE PROVIDED AT OPEN FOR INSPECTIONS AND PHONE NUMBER WITH ALL ENQUIRIES
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:
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