252 Burwood HighwayBurwood VIC 3125
Property Details for 252 Burwood Hwy, Burwood
252 Burwood Hwy, Burwood is a 3 bedroom, 1 bathroom House. The property has a land size of 660m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2024)
Almost opposite Deakin University and on a corner site, development properties don't come packaged much better than this. Sitting on 661sqm (approx.) and in the preferred development zone of Burwood Highway, this 3 bedroom home offers short term living and excellent potential for apartment development (STCA).
With the #75 tram past the door and the Uni opposite, it is also just one minute from the Bennetswood shops. With many sites in the immediate area already snapped up for development, this offers an excellent in to the hot zone of imminent development. The existing home offers an updated kitchen, gas heating, timber floors and a comfortable living environment.
Property History for 252 Burwood Hwy, Burwood, VIC 3125
- 12 Dec 2022Listed for Sale $1,627,777
- 11 Nov 2022Sold for $1,627,777
- 11 Oct 2022Listed for Sale $1,627,777
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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 8,330 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.
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