OFF MARKET

22 Wridgway Avenue
Burwood VIC 3125

Bedrooms: 8
Bathrooms: 2
Car spaces: -
Floor area: 161m2
Land area: 835m2
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Last updated 16 Sep 2024
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Property Details for 22 Wridgway Ave, Burwood

22 Wridgway Ave, Burwood is a 8 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 835m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1950
Floor Size
161m2
Land Size
835m2
Local Government
Whitehorse
Lot/Plan
4/LP34993

Last Listing description (March 2022)

Suited to a developer, investor, home buyer or land banker, this abundantly accommodating 8 bedroom, 3 bathroom home and impressive 835m (approx) land dimensions offer unlimited possibilities in a prized position. The existing home presents in comfortable order throughout and could be occupied or leased out (previously leased as student housing with lucrative rental returns). Alternatively, explore options to utilise this huge block to build your own contemporary masterpiece or multiple townhouses (STCA) within the Ashwood College zone, walking distance to trams, buses, Deakin University, PLC, shops and parklands.

Refer to second plan detailing Previous Rental Return Achieved Per Room. - $96K P.A . (approx)


*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.

Property History for 22 Wridgway Ave, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$1,716,000
19 Mar 2022
Listed for Rent
$1.00k/w
17 Aug 2015
  • 19 Mar 2022
    Sold for $1,716,000
  • 23 Feb 2022
    Listed for Sale Contact Agent
  • 15 Aug 2015
    Sold for $1,700,000
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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 8,332 properties. Over the last 5 years, Houses in Burwood have seen a 14.78% increase in median value, while Units have seen a 41.97% increase. As at 31 August 2024:

  • The median value for Houses in Burwood is $1,419,017 while the median value for Units is $899,853.
  • Houses have a median rent of $660 while Units have a median rent of $525.
There are currently 41 properties listed for sale, and 14 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 362 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.