SOLD
Sold on 02 Dec 2023 for $1,541,000

38 Greenwood Street
Burwood VIC 3125

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 443m2
Land area: 858m2
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Sold By
John Stack
Jellis Craig Whitehorse
Tynan Carr
Jellis Craig Whitehorse
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Property Details for 38 Greenwood St, Burwood

38 Greenwood St, Burwood is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 858m2 and floor size of 443m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Burwood in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
443m2
Land Size
858m2
Local Government
Whitehorse
Lot/Plan
307/LP9860

Last Listing description (August 2024)

Positioned on an immense 858sqm block with a rare 24.4m street frontage, this classic single level cream brick home presents a thrilling array of future possibilities in a highly sought-after location. Nestled within a quiet neighbourhood, the site is ideal for those looking to redevelop, extend, or to build a brand new luxury family home (STCA).

Set just a short stroll from Burwood Brickworks shopping, cinemas and restaurants, and within easy walking distance of buses and trams to Deakin University, the block is also in easy reach of Gardiners Creek Reserve, Wattle Park, Presbyterian Ladies' College, Middleborough Road shopping and Burwood One. Within the coveted Mount Waverley Secondary College and Roberts McCubbin Primary School zones, the location is also close to Wesley Glen Waverley, Avila College, and The Glen.

Surrounded by low maintenance gardens, the existing home comprises a large living room, a generous separate dining area adjacent to an airy kitchen with breakfast bar, three bedrooms including a large master with built-in wardrobes, and a bright central bathroom with a separate bathtub and a separate W/C.

The home also features split system air conditioning, a full laundry with outdoor access, a double lock-up garage, and ample space for additional off-street parking. With a family-friendly layout and a central location, the home offers a strong rental prospect during the plans and permit phase for those looking to redevelop or rebuild.

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Property History for 38 Greenwood St, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$1,541,000
02 Dec 2023
  • 02 Dec 2023
    Sold for $1,541,000
  • 06 Nov 2023
    Listed for Sale $1,300,000 - $1,380,000

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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 8,284 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 20 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 364 properties were sold in the past 12 months in Burwood.

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