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Sold on 27 Feb 2024 for $425,000

305/326-328 Burwood Highway
Burwood VIC 3125

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 305/326-328 Burwood Hwy, Burwood

305/326-328 Burwood Hwy, Burwood is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Burwood in the last 12 months.

Building Type
Apartment
Local Government
Whitehorse
Lot/Plan
305/PS722276

Last Listing description (February 2024)

Enjoying grand proportions rarely found in apartment style living, this open plan 2 bedroom residence is a promising opportunity for investors and first-home buyers alike. Whether you are looking to downsize, upsize, or expand your portfolio, this dynamic property will be able to satisfy your every expectation.

Timber floorboards and a light-filled floor-plan compliment a fluid design that maximises both light and space, creating a radiant and inviting space for you to call home. The bathroom enjoys a generously proportioned shower, floor to ceiling tiling, and a sleek modern design. The envy of your neighbours, a huge open balcony, overlooking the city view and the mountains. Additional features include air-conditioning, built-in robes in each bedroom, one carparks with storage cage.

In an incredible location, the 75-tram stop right outside your door delivers you directly into the city. But there is every reason to stay local with the cultural commons of Burwood, with its restaurants, cafes and shopping districts all around you. Only a few minutes' walk away is Burwood Brickworks, Burwood One, Burwood Arcade and Burwood Heights Shopping centre. In a highly prized locale, Deakin University and PLC are just down the road. The property is in the Essex Heights Primary School and Mount Waverley Secondary College School Zones.

Property History for 305/326-328 Burwood Hwy, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$425,000
27 Feb 2024
  • 06 Feb 2024
    Sold for $425,000
  • 27 Oct 2023
    Listed for Sale Owner Occupied, Immaculate Condition
  • 19 May 2014
    Sold for $438,000

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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 8,358 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 40 properties listed for sale, and 18 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 370 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 3125

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Hans Liu
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Kimi Meng
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Ray White 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.