OFF MARKET

59/388-390 Burwood Highway
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 18m2
Land area: 21m2
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Property Details for 59/388-390 Burwood Hwy, Burwood

59/388-390 Burwood Hwy, Burwood is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 21m2 and floor size of 18m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Unit
Year Built
2009
Floor Size
18m2
Land Size
21m2
Local Government
Whitehorse
Lot/Plan
59/PS611466

Last Listing description (March 2024)

Family Realtors presents this excellent once in a lifetime opportunity to invest in the heart of Burwood. This affordable and desirable accommodation is fully furnished and is centrally located within walking distance to Deakin University, public transport, trams, buses, shops, Burwood One 24-hour shopping, Burwood Heights, parks, cafes, and restaurants.

Perfect for students and within walking distance of Deakin University, great facilities including sitting/studying area, grassy backyard space and rec room. Features: private balcony, open plan kitchen and is fully furnished.

The simple practical layout features 1 bedroom, a walk-thru kitchen with gas cooktop, microwave, and fridge. Bathroom with shower, WC, study space and balcony. Other public facilities include basement laundry, storage, and a communal area.

This professionally managed low maintenance accommodation is an astute investment for those who are looking for an affordable alternative to a great return.

All the hard work has been done so make sure you add this to your list as it won't last!!!

Family Realtors Team welcomes you and looks forward to meeting you at the opens.

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)

NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All dimensions, sizes and layout are approximately.

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Property History for 59/388-390 Burwood Hwy, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$130,000
26 Dec 2019
Listed for Rent
$210/w
22 Dec 2022
  • 30 Jan 2024
    Listed for Sale UNBEATABLE LOCATION UNBEATABLE PRICE!!
  • 31 Aug 2023
    Listed for Sale UNBEATABLE LOCATION UNBEATABLE PRICE!!
  • 08 Dec 2022
    Listed for Rent $210 / 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 8,330 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 38 properties listed for sale, and 18 properties listed for rent in Burwood on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Burwood.

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