Back 203/224 Burwood Hwy
Off Market

203/224 Burwood Hwy

Burwood VIC 3125

1
1
0 ac.
Apartment
Last sold for $131,000
Zeno KobicaZeno Kobica, last sold this property on 27 March 2025 after 13 days on market.

Overview

Prime Investment Opportunity – Spacious Student Apartment Opposite Deakin University!

Presenting a fantastic investment opportunity with this spacious 1-bedroom, 1-bathroom student apartment offering exceptional convenience directly opposite Deakin University. This property boasts a strong rental yield of approximately 10-13%, making it a highly desirable choice for investors. Featuring a generous floorplan, the apartment provides more space compared to typical units in the complex, ensuring optimal student comfort. It comes partially furnished, complete with essential appliances including a gas cooktop, microwave, fridge, and stocked with cutlery and crockery. Additional highlights include a private balcony ideal for relaxation and an option to rent an undercover, secure parking space. Residents benefit from excellent communal amenities such as an onsite laundry. Conveniently located near Gardiners Creek Reserve, tenants can enjoy scenic paths and picnic spots. Shops, cafes, restaurants, and public transport via tram are conveniently located at the doorstep, enhancing the lifestyle and appeal. This highly sought-after student accommodation is an exceptional investment in Burwood, perfect for investors seeking reliable returns and unmatched convenience. Call now to organise a private viewing. Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furniture as indicated. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria

Features

1 bedroom
1 bathroom
0 ac. lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Burwood over the last 12 months, the estimated median property value of 203/224 Burwood Hwy is $275k.

Median value
$275k
Estimated value range
$123.2k - $370k
Median days on market
39
Estimated value trend
49%
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 203/224 Burwood Hwy

2025
Sold
$131,000
27 Mar 2025 by Zeno Kobica, of Viva Property
2011
Sold
Undisclosed
Private Sale/Treaty on 16 Mar 2011

Happy sellers in Burwood

85%
85% 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 42 reviews in Burwood over the last 12 months.

Local market activity for 1 bedroom apartments in Burwood

In the last 12 months, 16 one-bedroom apartments similar to 203/224 Burwood Hwy, have been sold.

This represents a 40% increase in one-bedroom apartments sales when compared to the previous 12 months.

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