35 Meldan StreetBurwood VIC 3125
Property Details for 35 Meldan St, Burwood
35 Meldan St, Burwood is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 610m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (January 2010)
With an exceptional return of approximately $51,000 per annum, this delightfully renovated and extended house with nine principal rooms and seven double bedrooms offers a ready made opportunity to take over the existing lease and manage your own student accommodation investment property.
Limited time, money and effort are required to operate this standout investment property which has been near full occupancy for the past seven years.
Comprising entrance hall, seven double bedrooms, three separate bathrooms, four toilets, large family room, adjacent kitchen and open plan dining room, full laundry, ample storage including tandem garage and storage shed.
All council requirements have been approved and met in operating this property as student accommodation.
All this with transport and shopping within easy reach and Deakin University and Wattle Park just minutes walk.
Please Note: Property will be sold fully furnished.
Inspection By Appointment Only
PHOTO ID REQUIRED AT ALL INSPECTIONS
PLEASE NOTE: Open for Inspection Times and Property Availability is subject to change or cancellation without notice.
Property History for 35 Meldan St, Burwood, VIC 3125
- 04 Mar 2011Listed for Rent - Price not available
- 22 Dec 2009Sold for $830,000
- 10 Dec 2009Listed for Sale $830,000
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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 8,330 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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