OFF MARKET

1 Highview Grove
Burwood East VIC 3151

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 145m2
Land area: 628m2
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Last updated 11 Nov 2024
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Property Details for 1 Highview Gr, Burwood East

1 Highview Gr, Burwood East is a 3 bedroom, 1 bathroom House. The property has a land size of 628m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Floor Size
145m2
Land Size
628m2
Local Government
Whitehorse
Lot/Plan
8/LP26967

Last Listing description (September 2021)

The temptation to redevelop with a multi-dwelling project or lavish new home cannot be overlooked from the future standpoint of this largely original, single level home, occupying a rectangular 628sqm approx. allotment only meters from Burwood One (STCA). Presented in comfortable condition, the existing home is currently tenanted, thus providing the perfect opportunity for a developer seeking rental income whilst they prepare plans and pursue permits. Alternatively, buyers may wish to renovate and retain as an investment with the layout providing the benefits of three bedrooms, serviced by a large family bathroom with toilet. Polished floorboards provide a timeless appeal in the lounge and dining room complemented by a gas heater and air conditioner, while the kitchen links through to the laundry with direct access onto the big backyard. Prized for its placement a mere stone's throw from Burwood One Shopping Centre and trams flowing past PLC, Mount Scopus College and Deakin Uni to the CBD.

Property History for 1 Highview Gr, Burwood East, VIC 3151

A timeline of how this property has performed in the market
Last Sold
$1,100,500
02 Jun 2021
  • 02 Jun 2021
    Sold for $1,100,500
  • 30 Apr 2021
    Listed for Sale Contact Agent
  • 03 Nov 1978
    Sold
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About Burwood East 3151

The size of Burwood East is approximately 4.3 square kilometres. It has 20 parks covering nearly 10.5% of total area. The population of Burwood East in 2011 was 10,141 people. By 2016 the population was 10,269 showing a population growth of 1.3% in the area during that time. The predominant age group in Burwood East is 20-29 years. Households in Burwood East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burwood East work in a professional occupation. In 2011, 74.9% of the homes in Burwood East were owner-occupied compared with 71.2% in 2016.

Burwood East has 5,919 properties. Over the last 5 years, Houses in Burwood East have seen a 12.30% increase in median value, while Units have seen a 12.11% increase. As at 31 October 2024:

  • The median value for Houses in Burwood East is $1,247,981 while the median value for Units is $782,010.
  • Houses have a median rent of $610 while Units have a median rent of $628.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Burwood east on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Burwood east.

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