OFF MARKET

229 Burwood Highway
Burwood East VIC 3151

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 920m2
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Property Details for 229 Burwood Hwy, Burwood East

229 Burwood Hwy, Burwood East is a 0 bedroom, 0 bathroom Unit. The property has a land size of 920m2.

Building Type
Unit
Land Size
920m2
Local Government
Whitehorse
Lot/Plan
1/RP5159

Last Listing description (September 2023)

A residential development opportunity without peer, this extraordinary allotment of 920 square metres (approx.) is...
- Well elevated from the road,
- With an amazing 27.5 metres of bold street-frontage, and

- With pre-approved plans for hassle-free development of 8 premium townhouses.
Alternatively, you can make your own plans for this Residential Growth Zone Schedule 2 location.

Whatever you choose, this is a high-profile position...
- Just metres from the extraordinarily popular Burwood One Shopping Centre,
- With a city-bound tram at its doorstep,
- Surrounded by fine government schools,
- Moments from Deakin University and its endless stream of possible tenants,
- Down the road from Presbyterian Ladies College and
- Close to beautiful parkland.
Ensuring a strong owner-occupier and / or investor demand for whatever you produce.

Property History for 229 Burwood Hwy, Burwood East, VIC 3151

A timeline of how this property has performed in the market
  • 06 Sep 2023
    Listed for Sale Not Disclosed
  • 05 Feb 2020
    Listed for Sale FOR SALE Contact Agent
  • 11 Jan 1992
    Listed for Sale Not Disclosed

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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 22 properties listed for sale, and 14 properties listed for rent in Burwood east on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Burwood east.

Suburb Insights for Burwood East 3151

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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.