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Sold on 07 May 2024 - Price Unavailable

1531 Old Burke Road
Kew East VIC 3102

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 839m2
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Property Details for 1531 Old Burke Rd, Kew East

Building Type
Land
Land Size
839m2

Last Listing description (May 2024)

Situated on an impressive 839 SQM elevated plot, this property presents an unmissable opportunity in a desirable Neighbourhood Residential Zone. This expansive land allows for diverse redevelopment possibilities, from crafting a luxurious single home to potentially multiple residences (STCA). Nestled in a secluded road, it offers tranquility within walking distance to Hays Paddock, golf courses and scenic walking/bike trails. The property's allure extends beyond its size, featuring a northerly facing elevated front and enticing potential for demolition and redevelopment. Enjoying proximity to Melbourne' elite schools, High Street, Kew Junction, and convenient public transport via bus and tram, it ensures a well-connected lifestyle. Furthermore, easy freeway access just around the corner, facilitates a swift commute to both the CBD (approx. 10 KM) and the Peninsula Link in the opposite direction, enhancing the property's appeal for a discerning buyer seeking a prime location and redevelopment potential.

Property History for 1531 Old Burke Rd, Kew East, VIC 3102

A timeline of how this property has performed in the market
Last Sold
07 May 2024
Listed for Rent
$750/w
19 Nov 2019
  • 01 May 2024
    Sold for $1,880,000
  • 19 Mar 2024
    Listed for Sale Contact Agent
  • 29 Mar 2021
    Listed for Sale Contact Agent
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About Kew East 3102

The size of Kew East is approximately 4 square kilometres. It has 12 parks covering nearly 37.3% of total area. The population of Kew East in 2011 was 6,017 people. By 2016 the population was 6,654 showing a population growth of 10.6% in the area during that time. The predominant age group in Kew East is 40-49 years. Households in Kew East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew East work in a professional occupation. In 2011, 73.4% of the homes in Kew East were owner-occupied compared with 74.2% in 2016.

Kew East has 3,331 properties. Over the last 5 years, Houses in Kew East have seen a 17.74% increase in median value, while Units have seen a -0.41% decrease. As at 30 November 2024:

  • The median value for Houses in Kew East is $2,131,661 while the median value for Units is $857,070.
  • Houses have a median rent of $895 while Units have a median rent of $550.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Kew east on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Kew east.

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Ed Rafter
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