SOLD
RECENT ADVICE
Sold on 28 Nov 2024 for $900,000

253C Burwood Highway
Burwood VIC 3125

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2038m2
Sold By
Gorman Commercial
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Property Details for 253c Burwood Hwy, Burwood

Building Type
Commercial
Land Size
2038m2
Local Government
Whitehorse
Lot/Plan
6/PS416088

Property History for 253c Burwood Hwy, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$900,000
28 Nov 2024
  • 28 Nov 2024
    Sold for $900,000
  • 13 Feb 2003
    Sold for $550,000

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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 8,417 properties. Over the last 5 years, Houses in Burwood have seen a 7.93% increase in median value, while Units have seen a 29.39% increase. As at 30 November 2024:

  • The median value for Houses in Burwood is $1,404,021 while the median value for Units is $936,990.
  • Houses have a median rent of $680 while Units have a median rent of $520.
There are currently 37 properties listed for sale, and 22 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 384 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.