OFF MARKET

560 Burwood Highway
Vermont South VIC 3133

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 472m2
Land area: 796m2
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Last updated 11 Nov 2024
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Property Details for 560 Burwood Hwy, Vermont South

560 Burwood Hwy, Vermont South is a 0 bedroom, 0 bathroom House and was built in 2023. The property has a land size of 796m2 and floor size of 472m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2023
Floor Size
472m2
Land Size
796m2
Local Government
Whitehorse
Lot/Plan
1/PS821586

Last Listing description (November 2023)

Looking for a rare opportunity to secure a prime block of land in one of Victoria's most sought-after suburbs? Look no further than this magnificent 796 square meter lot located at 560 Burwood Highway, Vermont South. This subdivided land comes with completed plans, permits and subdivision for the construction of up to three high-quality townhouses, offering the perfect combination of location, convenience, and lifestyle.

Each of the three lots has already been subdivided with measurements of 288 square meters, 146 square meters, and 199 square meters, respectively. The zoning of the land allows for multi-unit development, which makes it ideal for developers who want to maximize the potential of this property.

Nestled in the heart of Vermont South, this prime land enjoys close proximity to all essential amenities, including shopping centers, restaurants, schools, and public transportation. With easy access to major highways, residents can enjoy both a peaceful suburban lifestyle and all the benefits of city living.

Surrounded by stunning parklands and green spaces, this land provides the perfect setting for outdoor activities and relaxation, creating a serene and tranquil environment for residents. With its prime location, excellent transport links, and proximity to all amenities, this property presents an ideal opportunity for developers to build townhouses that meet the demands of modern-day living.

Don't miss out on this incredible opportunity to own a prime block of land in Vermont South with completed plans, permits and subdivision. Contact us today to learn more about this fantastic development opportunity!

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Property History for 560 Burwood Hwy, Vermont South, VIC 3133

A timeline of how this property has performed in the market
Last Sold
$1,275,000
04 Aug 2023
Listed for Rent
$480/w
14 May 2020
  • 04 Aug 2023
    Sold for $1,275,000
  • 24 May 2023
    Listed for Sale $1,250,000 - $1,350,000
  • 22 Apr 2020
    Listed for Rent $480 / week
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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 4,979 properties. Over the last 5 years, Houses in Vermont South have seen a 25.32% increase in median value, while Units have seen a 7.56% increase. As at 31 October 2024:

  • The median value for Houses in Vermont South is $1,461,961 while the median value for Units is $828,500.
  • Houses have a median rent of $705 while Units have a median rent of $610.
There are currently 29 properties listed for sale, and 5 properties listed for rent in Vermont south on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Vermont south.

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