100 Burwood HighwayBurwood East VIC 3151
Property Details for 100 Burwood Hwy, Burwood East
Last Listing description (January 2024)
Street facing to Benwerrin Dve and its park, playground and pre-school, this elevated 780sqms (approx.) corner presents superb development prospects (STCA) in the Residential Growth Zone (RGZ2) along one of the leafiest parts of Burwood Hwy.
The main road position serves as an important gateway across from the city tram and 732 bus stop, and a 10min walk to shopping and dining at both Burwood One and Burwood Brickworks Shopping Centres.
The 3-bedroom brick veneer features bright living space, an additional rumpus and utility room, ensuite and main bathroom, carport room for up to 5 cars and Colorbond fencing.
The mid-century home was awarded Gold Medallion status by the State Electricity Commission for its modern electric standards, and still impresses with the natural light attracting design of a north-east facing corner and the addition of split system cooling, and ducted heating.
For investors looking for a multi-unit development site, theres a lot to love here with a rare corner address on a near level 780sqms (approx.) with no big trees, school zoning for Burwood East Primary (STSA), parkland frontage and elevation to offer potential views stretching to The Macedon Ranges with a vision for new town houses or apartments (STCA) in this gateway position close to world class Deakin University.
Property History for 100 Burwood Hwy, Burwood East, VIC 3151
- 11 Nov 2023Sold for $1,393,000
- 19 Oct 2023Listed for Sale $1,393,000
- 01 Jan 1986Sold for $82,000
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0About 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.
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