SOLD
Sold on 01 Mar 2024 for $1,250,000

24 Pearce Street
Burwood VIC 3125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 232m2
Land area: 686m2
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Property Details for 24 Pearce St, Burwood

24 Pearce St, Burwood is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 686m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Burwood in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
232m2
Land Size
686m2
Local Government
Whitehorse
Lot/Plan
13/LP52164

Last Listing description (April 2024)

Positioned to excite those looking for options and opportunity, this delightful family home on 686sqm approx. provides comfortable dimensions for now, combined with the future possibility of renovating or rebuilding with a luxury new home or multi-unit development (STCA).

Ideal for investors, the existing home is currently tenanted and offers a versatile layout boasting five bedrooms (master with built-in-robe and ensuite), accompanied by a study, bright family bathroom, bathroom with toilet, separate 3rd toilet plus a laundry.

Infused with northerly sunshine, the lounge room offers a private retreat for relaxing with family and friends, while the L-shaped living and dining room connects with an adjacent kitchen and meals zone boasting polished floorboards and stainless steel appliances.

Additionally enhanced by a covered entertaining deck, large child-friendly backyard plus a double carport.

The property is located in the school zones of highly sought after Mount Waverley Secondary College and Essex Heights Primary School.

Situated across from a children's park, within walking distance of Brickworks Shopping Centre, Burwood Heights Shopping Centre and various transport options include tram No.75 which takes you straight to the city. Easy access to PLC, Deakin Uni, Burwood One Shopping Centre, Mount Waverley Village.

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Property History for 24 Pearce St, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$1,250,000
01 Mar 2024
Listed for Rent
$490/w
20 Aug 2020
  • 01 Mar 2024
    Sold for $1,250,000
  • 23 Feb 2024
    Listed for Sale $1,000,000 - $1,100,000
  • 21 Jul 2020
    Listed for Rent $490 / week
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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 8,360 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:

  • 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 39 properties listed for sale, and 20 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Burwood.

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