SOLD
Sold on 23 Jul 2024 for $110,000

73/388-390 Burwood Highway
Burwood VIC 3125

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1906m2
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Property Details for 73/388-390 Burwood Hwy, Burwood

73/388-390 Burwood Hwy, Burwood is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a land size of 1906m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Burwood in the last 12 months.

Building Type
Unit
Year Built
2009
Land Size
1906m2
Local Government
Whitehorse
Lot/Plan
73/PS611466

Last Listing description (July 2024)

Make a start on developing a successful investment portfolio, by securing this contemporary, one-bedroom apartment!

Providing low-vacancy student accommodation within a secure development that boasts a peaceful courtyard garden, multiple communal lounge rooms and handy bike storage, all within walking distance to Deakin University. Featuring an airy balcony, meals area, bedroom/living, modern kitchen and spacious bathroom, panel heating ensures comfort during the cooler months.

Boasting trams at the door that travel to Presbyterian Ladies College, Emmaus College, Burwood One Shopping Centre and the city, simply stroll to Burwood Heights Shopping Centre and Burwood Brickworks for fresh produce, mouth-watering eateries and the cinema.

* A low-vacancy student apartment
* Within a secure development featuring multiple communal lounge rooms
* A modern design with meals area, bedroom/living, kitchen and spacious bathroom
* Stroll to Burwood Brickworks and Burwood Heights Shopping Centre
* Walking distance to Deakin University
* Trams at the door to private schools, Burwood One and the city

Terms: 10% deposit, balance 30/45/60 days

Property History for 73/388-390 Burwood Hwy, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$110,000
23 Jul 2024
Listed for Rent
$270/w
23 Nov 2023
  • 23 Jul 2024
    Sold for $110,000
  • 23 Jul 2024
    Sold
  • 19 Jun 2024
    Listed for Sale $105,000 - $115,000
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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 8,328 properties. Over the last 5 years, Houses in Burwood have seen a 20.78% increase in median value, while Units have seen a 15.70% increase. As at 31 July 2024:

  • The median value for Houses in Burwood is $1,429,930 while the median value for Units is $801,697.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 42 properties listed for sale, and 17 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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Disclaimer
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.