OFF MARKET

402 Burwood Highway
Vermont South VIC 3133

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 188m2
Land area: 654m2
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Property Details for 402 Burwood Hwy, Vermont South

402 Burwood Hwy, Vermont South is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 654m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
House
Floor Size
188m2
Land Size
654m2
Local Government
Whitehorse
Lot/Plan
7/LP84340

Last Listing description (May 2024)

A chance to join the ranks of the new multi-unit development rising proudly on this high side of the highway. Embrace family living now, with future growth prospects in the RGZ1 (Residential Growth Zone) from this gateway position on the tram line.

North facing frontage to enhance natural light across the existing 4-bedroom brick veneer or future unis/apartments (STCA)
Cool retro kitchen with breakfast nook and wide bench, with great viewing across the outdoor living space

Separate master bedroom with ensuite and walk-in robe
Big back deck (partially covered) framing the dining and family rooms for indoor-outdoor freedom
No trees across the high rising 654sqms (block) and its 16m (approx.) frontage
Walk to Weeden Heights Primary, Emmaus College, Vermont South Shopping Centre and Billabong Park

With glamorous new apartments at 408-410 and 10 new dwellings approved for 404-406 Burwood Hwy, there's planning precedence for multi-unit development along this prominent stretch of the service road which connects to Deakin University, PLC and the city via the tram, and to The Glen, Westfield Knox and Blackburn station by bus. And while you're considering options or seeking planning approval, you could rent out for more than $600 a week (approx.) in this well-serviced pocket close to all the daily essentials.

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Property History for 402 Burwood Hwy, Vermont South, VIC 3133

A timeline of how this property has performed in the market
Last Sold
$1,250,000
12 Dec 2023
Listed for Rent
$650/w
08 Apr 2024
  • 07 Mar 2024
    Listed for Rent $650 / week
  • 12 Dec 2023
    Sold for $1,250,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
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About Vermont South 3133

The size of Vermont South is approximately 6.2 square kilometres. It has 24 parks covering nearly 22.3% of total area. The population of Vermont South in 2011 was 11,416 people. By 2016 the population was 11,686 showing a population growth of 2.4% in the area during that time. The predominant age group in Vermont South is 60-69 years. Households in Vermont South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Vermont South work in a professional occupation. In 2011, 86.9% of the homes in Vermont South were owner-occupied compared with 83.9% in 2016.

Vermont South has 4,991 properties. Over the last 5 years, Houses in Vermont South have seen a 17.08% increase in median value, while Units have seen a 11.36% increase. As at 30 November 2024:

  • The median value for Houses in Vermont South is $1,440,625 while the median value for Units is $877,642.
  • Houses have a median rent of $720 while Units have a median rent of $628.
There are currently 19 properties listed for sale, and 8 properties listed for rent in Vermont south on OnTheHouse. According to CoreLogic's data, 160 properties were sold in the past 12 months in Vermont south.

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