61 Elgar Rd, Burwood is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 608m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom House sold in Burwood in the last 12 months.
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 Burwoods 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 robesTwo well-appointed bathroomsSpacious lounge room with timber flooring and garden outlookLight-filled open-plan kitchen and dining areaModern kitchen with ample cabinetry, gas cooking & stainless steel appliancesPrivate grassed backyard with alfresco entertaining areaSecure double garage plus workshop and additional off-street parkingWell-maintained gardens and low-maintenance surroundsLocation Highlights:Walking distance to Deakin UniversityClose to Presbyterian Ladies College (PLC)Approx. 550m to the future SRL stationEasy access to trams, buses, local shops, cafs, and parklandsApprox. 30 minutes to Melbourne CBDPositioned between Deakin University and PLC, this is a rare opportunity to secure a premium asset in a blue-chip education precinct. Whether youre 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.
The size of Burwood is approximately 6.0 square kilometres. There are 28 parks, covering nearly 18.5% of the 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 8,462 properties. Over the last 5 years, Houses in Burwood have seen a -1.91% decrease in median value, while Units have seen a 13.38% increase. As at 31 May 2026:
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