4 Summit RoadBurwood VIC 3125
Property Details for 4 Summit Rd, Burwood
4 Summit Rd, Burwood is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 846m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2012.
Last Listing description (September 2012)
AUCTION THIS SAT 3PM
The sale of this property creates multiple options to consider. The new owner may contemplate improving this home offering excellent scope to renovate the older style kitchen/meals and bathroom, lounge-dining room, utility room plus bungalow; extending is also an attractive proposition (STCA). Large block measures approx 846m2 will immediately appeal to developers with a keen eye for dual occupancy potential (STCA), a new home site (STCA) exciting development possibilities (STCA). The allotment is user friendly - near level in a neighbourhood that holds its appeal, value and popularity. Well situated near Roberts McCubbin Primary school, Kingswood College and Deakin University, handy to trams on Burwood Highway, Burwood One plus easy access to Eastlink. Decisions are to be made on the future of this allotment regarding the current home or the development focus.
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Property History for 4 Summit Rd, Burwood, VIC 3125
- 15 Sep 2012Sold for $766,000
- 16 Aug 2012Listed for Sale IN EXCESS OF $690,000
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0About Burwood 3125
The size of Burwood is approximately 6.0 square kilometres. It has 28 parks covering nearly 18.5% of total area. The population of Burwood in 2016 was 15019 people. By 2021 the population was 15147 showing a population growth of 0.8% in the area during that time. The predominant age group in Burwood is 20-29 years. Households in Burwood are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Burwood work in a professional occupation.In 2021, 57.30% of the homes in Burwood were owner-occupied compared with 58.50% in 2016.
Burwood has 8,436 properties. Over the last 5 years, Houses in Burwood have seen a 0.29% increase in median value, while Units have seen a 10.68% increase. As at 30 April 2026:
- The median value for Houses in Burwood is $1,438,359 while the median value for Units is $769,245.
- Houses have a median rent of $700 while Units have a median rent of $605.
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