SOLD
Sold on 06 Feb 2024 for $117,000

29/388-390 Burwood Highway
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 16m2
Land area: 17m2
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Property Details for 29/388-390 Burwood Hwy, Burwood

29/388-390 Burwood Hwy, Burwood is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 17m2 and floor size of 16m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Burwood in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
16m2
Land Size
17m2
Local Government
Whitehorse
Lot/Plan
29/PS611466

Last Listing description (July 2024)

Open For Inspection: Please see http://sha.com.au/inspections/

***Disclaimer: please be advised the internal Photos displayed are an example of the apartment type, the actual apartment may slightly differ, apartments do not include bedding***

Closely situation near Deakin University! This building is located within a brisk walk or tram ride to Deakin University.

This boutique property built in 2008 and opened in 2009, features 75 Apartments, consisting of:

7 X Standard Studio - 4 with air conditioning
3 X Large Studio - 1 with air cond., 1 with air cond. & storage cage
59 X One Bedroom - 23 with air conditioning, 7 with a storage cage &
14 with air conditioning & storage cage
1 X Large One Bedroom
5 X Two Bedroom - 3 with air conditioning, 1 with a storage cage &
1 with air conditioning & storage cage

This furnished studio apartment comes with intercom security entrance, a bed, full kitchen with gas cooking, electric heating, microwave and fridge, cutlery and crockery, stylish bathroom, meals table and chairs, study desk, some have a colour television, some apartments have air-conditioning and some have a private storage cage.

This apartment has access to internet usage at very affordable rates.

Featuring a private balcony or courtyard. This building also includes a communal laundry in the basement area.

There is secure, off-street parking, leased separately, at an additional cost (subject to availability). This building also offers bicycle storage facilities.

Note: This building is regulated to only one secondary / tertiary full-time or part-time student resident per apartment / bedroom. Gas is included in the rent. Electricity and water usage is not included in the rent.

Tram number 75 is located immediately out the front of the building, on Burwood Highway, and takes you to local shops in minutes, or Melbourne City centre in approximately thirty minutes.

These apartments lease quickly so if you wish to submit your application, we suggest you do so on-line at www.sha.com.au or at one of our offices immediately.

Property History for 29/388-390 Burwood Hwy, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$117,000
06 Feb 2024
Listed for Rent
$195/w
20 Jul 2022
  • 01 Jul 2024
    Listed for Rent $310 / week
  • 06 Feb 2024
    Sold for $117,000
  • 30 May 2023
    Listed for Sale $116,000
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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 8,328 properties. Over the last 5 years, Houses in Burwood have seen a 20.78% increase in median value, while Units have seen a 15.70% increase. As at 31 July 2024:

  • The median value for Houses in Burwood is $1,429,930 while the median value for Units is $801,697.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 42 properties listed for sale, and 17 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Burwood.

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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.