5 Middleborough RoadBurwood VIC 3125
Property Details for 5 Middleborough Rd, Burwood
5 Middleborough Rd, Burwood is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 575m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2016.
Last Listing description (September 2016)
Ideally located on a corner allotment this appealing three bedroom, one-bathroom weatherboard home, in exceptional condition, is a premier opportunity for both home buyers, business owners and smart investors.
On a corner block with double frontage, magnificent prospect awaits; with the potential to build a brand new home or update to suit your modern tastes, also taking advantage of the main road and using it for medical/business purposes or simply rent out as it stands.
The smart floor plan offers a beautiful light and bright living area, practical kitchen with an attached dining area overlooking the private rear yard ideal for entertaining family & friends. Previously used as medical suites, this home can be easily converted to office space.
The opportunity to secure this home with a location of high demand comes with advantages including walking distance to; public transport - trams, buses and Mount Waverley Train station, schools - Zoned for Mount Waverley Secondary College, St Scholastica's Primary School and Deakin University and numerous shopping options including the newly renovated Kmart Plaza.
Also a short drive away to Ashwood College, Presbyterian Ladies College, Mount Scopus Memorial College, Parkhill Primary School, Gardiners Reserve, Burwood Reserve and The Glen Shopping Centre.
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Property Code: 1305
Property History for 5 Middleborough Rd, Burwood, VIC 3125
- 28 Jul 2016Sold for $898,800
- 18 Jun 2016Listed for Sale Reserve Price - $895,000
- 23 May 2007Sold for $432,000
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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 8,333 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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