Back 16 Rees Street
Off Market

16 Rees Street

Burwood VIC 3125

3
1
1
635 m²
House
Leigh PetropoulosLeigh Petropoulos, last sold this property on 26 May 2025 after 32 days on market.

Overview

Prime Allotment with single-level city views zoned for MWSC

Positioned in one of Burwood's most desirable pockets, 16 Rees Street presents an outstanding opportunity on approximately 635 sqm of land, with a wide 24-metre frontage (approx.) and incredible city views-all within the sought-after Mount Waverley Secondary College Zone. This original 3-bedroom, 1-bathroom home offers solid bones and immense scope for a modern renovation, extension, or complete redevelopment (STCA). Whether you're an investor looking to rent out and landbank, a renovator ready to breathe new life into a classic, or a developer searching for your next project, this versatile property will appeal. What sets this property apart is its generous frontage-ideal for a side-by-side development (STCA)-and its elevated position offering stunning city skyline views even from a single level. The potential here is only amplified by the rare opportunity to also purchase 14 Rees Street (off-market), creating a combined corner allotment of approximately 1,203 sqm with a substantial 36-metre frontage. The possibilities are unmatched for those looking to undertake a larger development in a premium locale. Location Highlights: • Zoned for Mount Waverley Secondary College (MWSC) • Within short reach of Burwood East Primary School - perfect for young families • Close proximity to prestigious schools, including Presbyterian Ladies' College (PLC), Mount Scopus Memorial College, and Deakin University • Excellent public transport access with tram route 75, multiple bus routes, and the soon-to-be-completed Suburban Rail Loop (SRL) • Surrounded by an array of local parks, shops, cafes, and other amenities (Burwood Brickworks, Burwood-One, home to a 24-hour Coles, Kmart, Burwood health care, open 365 days with bulk billing, and much more) • Strong school zoning and long-term growth fundamentals make this a standout opportunity for both developers and families alike Key Highlights: • Approx. 635sqm of land with ~24m frontage • City views from a single-story elevation (With a clear visual of New Year's Fireworks) • Original 3-bed, 1-bath home with renovation potential • Ideal for renovators, investors, or developers • Option to also purchase 14 Rees Street (off-market) to secure a corner allotment with a combined total of ~1,203 sqm and a ~36m frontage, providing phenomenal long-term value Private off-market details for 14 Rees Street are available upon request. Contact the agent today to explore the full potential of this rare offering. 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

3 bedrooms
1 bathroom
1 carspace
1 garage space
635 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Burwood over the last 12 months, the estimated median property value of 16 Rees Street is $1.31m.

Median value
$1.31m
Estimated value range
$898k - $2.01m
Median days on market
29
Estimated value trend
0%
increase 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 16 Rees Street

2025
Sold
Undisclosed
26 May 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 45 reviews in Burwood over the last 12 months.

Local market activity for 3 bedroom houses in Burwood

In the last 12 months, 53 three-bedroom houses similar to 16 Rees Street, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Burwood

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent