251 Burwood HighwayBurwood East VIC 3151
Property Details for 251 Burwood Hwy, Burwood East
251 Burwood Hwy, Burwood East is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 623m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Burwood East in the last 12 months.
Last Listing description (December 2023)
Welcome to your dream development opportunity in a highly sought-after location! This prime corner block of approximately 623m2 presents an incredible chance to create something extraordinary. Located just a few minutes' walk from Burwood One, Burwood Brickworks Shopping Centre, and a tram stop with direct access to Presbyterian Ladies College, Deakin University, and the CBD, this property is ideally situated for convenience and accessibility.
Currently gracing this property is a charming three-bedroom home with a street entry from Taiton Road. The home offers a month-to-month weekly rental income of $440 per week, making it an attractive investment while you plan your next move. Inside, you'll find a well-appointed kitchen with a meals area, a cozy lounge, and a central bathroom with a separate toilet. The house boasts polished boards throughout, built-in-robes in two bedrooms, gas cooking, ducted heating, a dishwasher, and a double lock-up garage, ensuring comfort and functionality.
But wait, there's more! Included with this property are approved plans and permits for four modern and stylish townhouses, making this an opportunity not to be missed.
Townhouse 1: 199.59sqm (approx. 21.48sq) 3 bedrooms, including 2 master bedrooms with ensuite, 3 bathrooms, 4 toilets including a powder room. a kitchen, dining area, living room, a study, storage space, and a 2-car lockup garage.
Townhouse 2:198.28sqm (approx. 21.34sq). 3 bedrooms, including 2 master bedrooms with ensuite, 3 bathrooms, 4 toilets including a powder room, a kitchen, dining area, living room, a study, storage, , and a 2-car lockup garage.
Townhouse 3: with 197.98sqm (approx. 21.31sq), 3 bedrooms, including 2 master bedrooms with ensuite, 3 bathrooms, 4 toilets including a powder room, a kitchen, dining area, living room, a study, storage, and a 2-car lockup garage.
Townhouse 4: covering 196.557sqm (approx. 21.2sq) 3 bedrooms, including 2 master bedrooms with ensuite, 3 bathrooms, 4 toilets including a powder room, a kitchen, dining area, living room, a study, storage, and a 2-car lockup garage
Property History for 251 Burwood Hwy, Burwood East, VIC 3151
- 19 Dec 2023Sold for $1,380,000
- 08 Aug 2023Listed for Sale UNDER OFFER
- 23 Jun 2021Sold for $1,139,000
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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 5,909 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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