SOLD
Sold on 22 Aug 2024 for $2,925,000

277 Great Eastern Highway
Burswood WA 6100

Bedrooms: -
Bathrooms: -
Car spaces: 12
Floor area: 380m2
Land area: 888m2
Sold By
Cameron Porter
Porter Commercial
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Property Details for 277 Great Eastern Hwy, Burswood

Building Type
Commercial
Year Built
1927
Floor Size
380m2
Land Size
888m2
Local Government
Victoria Park
Lot/Plan
101/D087722

Last Listing description (October 2024)

This is an exciting opportunity for investors to secure a prime commercial site in a highly sought after location with long term secure income. The property presents potential purchasers with the following attributes:- 888sqm green title corner site- 400sqm (approx) improvements- High exposure location- Established retail tenant- Long term secure income- Future development potential- Surrounded by major projects & developmentsDon't miss out on this blue chip investment opportunity. Contact Porter Commercial today to register your interest and obtain more detailed information.

Property History for 277 Great Eastern Hwy, Burswood, WA 6100

A timeline of how this property has performed in the market
Last Sold
$2,925,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $2,925,000
  • 30 Jul 2024
    Listed for Sale Offers Invited From $3 million (GST Exempt)
  • 21 May 2016
    Sold for $2,300,000
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About Burswood 6100

The size of Burswood is approximately 3.4 square kilometres. It has 16 parks covering nearly 47.3% of total area. The population of Burswood in 2011 was 2,029 people. By 2016 the population was 2,340 showing a population growth of 15.3% in the area during that time. The predominant age group in Burswood is 30-39 years. Households in Burswood are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Burswood work in a professional occupation. In 2011, 45.3% of the homes in Burswood were owner-occupied compared with 50.2% in 2016.

Burswood has 2,239 properties. Over the last 5 years, Houses in Burswood have seen a 55.80% increase in median value, while Units have seen a 39.00% increase. As at 30 November 2024:

  • The median value for Houses in Burswood is $1,019,507 while the median value for Units is $664,184.
  • Houses have a median rent of $975 while Units have a median rent of $725.
There are currently 28 properties listed for sale, and 9 properties listed for rent in Burswood on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Burswood.

Suburb Insights for Burswood 6100

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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.