OFF MARKET

565 Burwood Highway
Vermont South VIC 3133

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 158m2
Land area: 634m2
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Last updated 30 Sep 2024
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Property Details for 565 Burwood Hwy, Vermont South

565 Burwood Hwy, Vermont South is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 634m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Floor Size
158m2
Land Size
634m2
Local Government
Whitehorse
Lot/Plan
3/LP95826

Last Listing description (July 2024)

If these walls could articulate, they would undoubtedly attest to the decades of love and warmth that have permeated this family residence, standing steadfast against the trials of time. The task at hand demands not only an ardent desire but also an astute vision to revive this property and usher it into the modern era.
The previous owners thoughtfully constructed an extension to the dwelling, which serves as a self-contained unit with a discrete entrance, yet remains intimately connected to the main house via a spacious decked patio at the rear of the property. This feature is particularly ideal for families seeking to cohabitate with aging parents who may require some degree of independence, a lesson learned well during the recent pandemic.
As an alternative, the self-contained unit may be leased to generate supplemental income. Alternatively, this residence boasts 5 bedrooms, 3 bathrooms, and 3 living areas, capable of accommodating even the most sizeable families.

The proprietors earnestly desire to see their cherished home bestowed with a new beginning; hence they have generously priced it well below the average value for homes in Vermont South. This will allow prospective buyers the freedom to personalize their vision via a comprehensive renovation.
As discerning buyers, you are already well-versed in the advantages of residing within this residential area, recognizing the substantial value that such homes command. The neighbourhood offers an abundance of superior local amenities, including convenient access to transportation via bus, tram, train, and freeway links to the city and the coast. The area also offers an unparalleled selection of retail and dining options, with notable establishments such as The Glen, Burwood One Plaza, and the recently revamped Westfield Knox.
Given the outstanding flexibility of this property, we do anticipate a swift sale. Therefore, we strongly encourage all interested parties to take advantage of this opportunity to attend the scheduled open for inspection days or to schedule a private viewing.

Proudly marketed by Barry Plant Rowville - 9753 2828

Property History for 565 Burwood Hwy, Vermont South, VIC 3133

A timeline of how this property has performed in the market
Last Sold
$1,080,000
28 Mar 2023
  • 28 Mar 2023
    Sold for $1,080,000
  • 10 Mar 2023
    Listed for Sale $1,000,000 - $1,100,000
  • 28 Oct 1975
    Sold for $52,500

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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 4,987 properties. Over the last 5 years, Houses in Vermont South have seen a 34.39% increase in median value, while Units have seen a 3.16% increase. As at 31 August 2024:

  • The median value for Houses in Vermont South is $1,489,512 while the median value for Units is $762,049.
  • Houses have a median rent of $700 while Units have a median rent of $598.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Vermont south on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Vermont south.

Suburb Insights for Vermont South 3133

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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.