373 Highbury Rd, Burwood is a 4 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 1118m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
One of Burwood's original farmhouses sits on this block of approx 1127 sqm. Whilst the home has passed its functional life, the site is a gem. With a large gum tree likely to restrict development in the north eastern corner, this provides the opportunity to acquire a large site for an attractive price.
The wind-break of Cypress trees along the boundary have been assessed by an arborist as of low retention value. This leaves a highly appealing site for multi-unit development or a very generous and affordable home site.
Close to Deakin Uni, the #75 tram, Burwood Heights Shopping precinct and Burwood Brickworks, it is also in the Mount Waverley Secondary College zone.
Inspections by Private Appointment
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:
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