Back 108/224 Burwood Hwy
Off Market

108/224 Burwood Hwy

Burwood VIC 3125

2
2
Apartment
Leigh PetropoulosLeigh Petropoulos, last sold this property on 08 July 2025 after 32 days on market.

Overview

Student Accommodation | ~ 9% Return P.A

Perfectly located directly across from Deakin University, this 2-bedroom, 2-bathroom apartment in the highly sought-after student accommodation complex at 224-226 Burwood Highway offers a rare opportunity for savvy investors. Purpose-built for student living, this well-maintained apartment is consistently tenanted, with a proven rental yield of approximately 9% per annum, making it one of the strongest-performing assets in the area. Both bedrooms are generously sized and accompanied by their bathrooms, offering added privacy and convenience for occupants. The apartment features a functional open-plan layout, ideal for low-maintenance living. The location is nothing short of exceptional. A tram stop sits right outside the complex, offering direct access to the CBD and surrounding suburbs, while the future Suburban Rail Loop will further enhance connectivity and convenience for students. Essential amenities are truly at your doorstep-Burwood Brickworks, Burwood One, Camberwell Junction, and a host of local cafes, eateries, and retail shops are all within close reach. Of course, the most important neighbour of all is Deakin University, just across the road. This is a high-demand, set-and-forget investment in a prime location-perfect for those looking to strengthen their portfolio with a reliable and consistent return. Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Burwood over the last 12 months, the estimated median property value of 108/224 Burwood Hwy is $460k.

Median value
$460k
Estimated value range
$260k - $715k
Median days on market
62
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Burwood. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 108/224 Burwood Hwy

2025
Sold
Undisclosed
08 Jul 2025 by Leigh Petropoulos, of Ray White Ashburton

Happy sellers in Burwood

84%
84% of sellers in Burwood reported that their sale price either exceeded or met their price expectations.

Burwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in Burwood over the last 12 months.

Local market activity for 2 bedroom apartments in Burwood

In the last 12 months, 30 two-bedroom apartments similar to 108/224 Burwood Hwy, have been sold.

This represents a 22% increase in two-bedroom apartments sales when compared to the previous 12 months.

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