67 Elgar Road
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About this property
67 Elgar Road Burwood Vic 3125 A premium opportunity, situated directly opposite Deakin University, this weatherboard house on approximately 609sqm is sure to catch the eye of investors or those who wish to capitalise on its superb redevelopment potential (STCA). For buyers wishing to lease out the home, it has five bedrooms, and each bedroom has a bathroom, fully equipped kitchen and a living area, heating and cooling, a sizeable backyard and a single garage set behind secure gates. The five bedrooms make this property ideal for leasing separately, ensuring an optimal return on investment. It is also a short stroll to bus and tram stops, PLC, Wattle Park & Golf Course, and Gardiners Creek Reserve & Trail. It is an easy commute to Wattle Park Primary School, Kingswood College, Mount Scopus Memorial College and several popular shopping and dining precincts. Situated directly opposite Deakin University and surrounded by student accommodation, the home may serve as a lucrative investment in the short or long-term (STCA). The ideal site to exhibit some creative flair, buyers could execute a striking transformation or build a modern-day master creation, in a central position that provides unparalleled lifestyle convenience. All options are subject to council approval.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 5
- Parking
- 2
- Land Area
- 609 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Burwood
This 5-bedroom house in Burwood, VIC 3125 sits within reach of public transport, local shops and nearby schools. It is listed 21% above the $1.36m median of 58 comparable houseswithin 5 km.
Schools near Burwood
- Mount Scopus Memorial Collegecombined · Prep-12 · CoEd
- Presbyterian Ladies' Collegecombined · Prep-12 · CoEd
- Wattle Park Primary Schoolprimary · Prep-6 · CoEd
- Emmaus College - Burwood Campussecondary
- SEDA College (Victoria) - Basketball Burwoodsecondary
What's nearby
- Cromwell Street/Burwood Highway (bus) — 652 m away
- A & E Automotive — 835 m away
- Box Hill Apex Park — 296 m away
- Unnamed — 687 m away
- Gardiners Creek Reserve — 753 m away
Burwood at a glance
Full suburb profile- Population
- 15,147
- Median age
- 34
- Household income
- $1,684/wk
- Median rent
- $411/wk
- Median mortgage
- $2,500/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Burwood price trend
Median sold · House 5+ bed
Compound growth +0.7% / yr over 4 yrs
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