Back 42/388-390 Burwood Highway
Off Market

42/388-390 Burwood Highway

Burwood VIC 3125

1
1
Apartment
Alex SlyAlex Sly, last sold this property on 05 May 2023 after 29 days on market.

Overview

Invest with confidence in this higher education precinct

The perfect stepping-stone to establishing a successful investment portfolio, this contemporary one bedroom apartment provides low-vacancy student accommodation walking distance to Deakin University. Within a secure development that boasts a peaceful courtyard garden, multiple communal lounge rooms and handy bike storage, plenty of sunshine fills this first floor abode. Featuring an airy balcony, living/meals, modern kitchen and spacious bathroom, panel heating ensures comfort during the cooler months. Boasting trams at the door that travel to Presbyterian Ladies’ College, Emmaus College, Burwood One Shopping Centre and the city, simply stroll to Burwood Heights Shopping Centre and Burwood Brickworks for fresh produce, mouth-watering eateries and the cinema. * A low-vacancy student apartment * Walking distance to Deakin University * Stroll to Burwood Brickworks and Burwood Heights Shopping Centre * Within a secure development featuring multiple communal lounge rooms * A modern design with living/meals, kitchen and spacious bathroom * Trams at the door to private schools, Burwood One and the city Terms: 10% deposit, balance 30/60/90 days

Features

1 bedroom
1 bathroom
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 42/388-390 Burwood Highway is $290k.

Median value
$290k
Estimated value range
$123.2k - $370k
Median days on market
33
Estimated value trend
81%
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 42/388-390 Burwood Highway

2023
Sold
Undisclosed
05 May 2023 by Alex Sly, of Fletchers Blackburn

Happy sellers in Burwood

83%
83% 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 40 reviews in Burwood over the last 12 months.

Local market activity for 1 bedroom apartments in Burwood

In the last 12 months, 15 one-bedroom apartments similar to 42/388-390 Burwood Highway, have been sold.

This represents a 43% increase in one-bedroom apartments sales when compared to the previous 12 months.

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