Back 61 Elgar Rd
Off Market

61 Elgar Rd

Burwood VIC 3125

4
2
3
608 m²
House
Larry ZhouLarry Zhou, last sold this property on 02 April 2026 after 34 days on market.

Overview

Prime Investment in Elite Education Precinct

This outstanding 4-bedroom, 2-bathroom residence presents an exceptional opportunity as a high-performing investment or centrally located family home, positioned in one of Burwood’s most tightly held education precincts, within walking distance of Deakin University, PLC, and the future SRL (Suburban Rail Loop) station. With consistently strong demand for student and professional accommodation, the home is perfectly suited as a share house investment, while also offering exciting future redevelopment potential (STCA) — making it highly attractive to investors seeking strong rental yields and long-term capital growth. Property Features: Four generously sized bedrooms with built-in robes Two well-appointed bathrooms Spacious lounge room with timber flooring and garden outlook Light-filled open-plan kitchen and dining area Modern kitchen with ample cabinetry, gas cooking & stainless steel appliances Private grassed backyard with alfresco entertaining area Secure double garage plus workshop and additional off-street parking Well-maintained gardens and low-maintenance surrounds Location Highlights: Walking distance to Deakin University Close to Presbyterian Ladies’ College (PLC) Approx. 550m to the future SRL station Easy access to trams, buses, local shops, cafés, and parklands Approx. 30 minutes to Melbourne CBD Positioned between Deakin University and PLC, this is a rare opportunity to secure a premium asset in a blue-chip education precinct. Whether you’re expanding your investment portfolio or searching for a flexible family home in a high-growth location, 61 Elgar Road delivers outstanding lifestyle and financial potential. *Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.

Features

4 bedrooms
2 bathrooms
3 carspaces
3 open car spaces
608 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Burwood over the last 12 months, the estimated median property value of 61 Elgar Rd is $1.55m.

Median value
$1.55m
Estimated value range
$1.03m - $2.37m
Median days on market
26
Estimated value trend
3%
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 61 Elgar Rd

2026
Sold
Undisclosed
02 Apr 2026 by Larry Zhou, of Buxton Camberwell

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 4 bedroom houses in Burwood

In the last 12 months, 49 four-bedroom houses similar to 61 Elgar Rd, have been sold.

This represents a 6% increase in four-bedroom houses sales when compared to the previous 12 months.

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