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Overview
This distinct property presents a rare opportunity brimming with potential, set on an impressive approximately 682 square meter allotment in a highly sought-after location. The original weatherboard home offers traditional living spaces characterized by a bright and spacious living and formal dining room, which opens out to a tranquil terrace, fostering a peaceful ambiance.
The practical layout comprises a well-sized kitchen and meals area, complemented by three bedrooms, each equipped with built-in robes, and a single bathroom to cater to family needs. Additional comfort is provided through split system heating and cooling, ensuring year-round climate control. Completing the offering is a garage, providing convenient parking or storage options.
Astute buyers will immediately appreciate the outstanding potential this home holds. Whether looking to rejuvenate and extend the existing layout or design and construct a new luxury residence, the possibilities are extensive. There is also potential to explore a multi-unit development subject to council approval (STCA), making this a versatile investment or family home.
Positioned in a prime lifestyle locale, this property benefits from proximity to excellent educational facilities including Essex Heights Primary and Mount Waverley Secondary College catchments. The location offers outstanding accessibility with an easy walk to the Burwood tram, the upcoming Deakin suburban loop train station currently under construction, and Deakin University, adding to the appeal for commuters and students alike. Direct bus routes to Monash University are also available.
For shopping and convenience, residents can enjoy nearby precincts such as Brickworks, Burwood Heights, and Kmart Shopping centers. The suburb of Burwood combines comfort with convenience, featuring neighbourly streets, abundant green space, and sought-after amenities that appeal to families, students, and professionals alike.
This property offers a fantastic blend of position and potential, making it an exceptional opportunity for buyers seeking a lifestyle upgrade or an astute investment in a thriving community environment.
Local Market Insights
In Burwood, Quiet Listings observed 11 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $1,450,000. The property type mix of listed properties is predominantly Houses at 39%, followed by apartments (29%), and townhouses (18%). Ray White was the most active agency in this area, representing 92.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Burwood VIC 3125
Market Insights for Burwood VIC 3125
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