SOLD
RECENT ADVICE
Sold on 23 Jul 2024 for $1,460,000

40 Gillard Street
Burwood VIC 3125

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 759m2
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Property Details for 40 Gillard St, Burwood

40 Gillard St, Burwood is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 759m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Burwood in the last 12 months.

Building Type
House
Land Size
759m2
Local Government
Whitehorse
Lot/Plan
30/LP22893

Last Listing description (July 2024)

THE PROPERTY
Resting on a huge block, with trams, Deakin University and the vibrant Burwood Village shopping precinct just a short stroll away, this expansive home is perfectly positioned and primed for developers to renovate, extend or build. Currently, the floorplan comprises a light-filled living area boasting hardwood floors, which flows through to the dining domain and chic kitchen. Accommodation options are plenty, with four bedrooms within the main residence, master with abundant robe space, and a fifth located in a separate dwelling at the rear of the property, alongside a workshop and storage room, while the bathroom includes an additional separate toilet and shower room. Generous in size, the standalone laundry includes access to the backyard, where the rear decking provides a private outdoor retreat. Investors will delight in this sensational block with outstanding potential for a multi-unit development (STCA).

THE FEATURES

• Expansive home on huge 759 sqm approx. block
• Situated a short stroll from trams, shops and university
• Outstanding opportunity for multi-unit development (STCA)
• Four bedrooms plus fifth in separate dwelling
• Hardwood floors
• Main bathroom plus second toilet and shower room
• Standalone laundry with rear access

THE LOCATION
Stepping out of the home you'll find convenience on your doorstep with Burwood Highway trams and Burwood Village shops just a short stroll, Deakin University only 250m away, and ample prestigious local schools in easy reach, including Mount Scopus Memorial College, Presbyterian Ladies' College and St Scholastica's Primary School.

Property History for 40 Gillard St, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$1,460,000
23 Jul 2024
Listed for Rent
$670/w
12 Apr 2021
  • 17 Jul 2024
    Sold for $1,460,000
  • 27 Mar 2024
    Listed for Sale $1,460,000 - $1,575,000
  • 10 Mar 2021
    Listed for Rent $670 / week
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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 8,270 properties. Over the last 5 years, Houses in Burwood have seen a 13.83% increase in median value, while Units have seen a 20.48% increase. As at 30 September 2024:

  • The median value for Houses in Burwood is $1,418,906 while the median value for Units is $750,025.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 39 properties listed for sale, and 21 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 3125

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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.