Situated near the corner of Springvale Road and Burwood Highway, this wonderful parkland setting will provide an excellent space for the lucky new tenants to do business, with the competition of major refurbishment works due June 2023.
With the Monash Freeway and Eastlink in immediacy of the property and tram and bus services at your doorstep, 12 Lakeside Drive enjoys excellent connectivity to the CBD and Metropolitan Melbourne.
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:
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