8 Faelen Street, Burwood, VIC 3125 | Property Value & History | OnTheHouse
OFF MARKET

8 Faelen Street
Burwood VIC 3125

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 384m2
Land area: 595m2
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Property Details for 8 Faelen St, Burwood

8 Faelen St, Burwood is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2025. The property has a land size of 595m2 and floor size of 384m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
2025
Floor Size
384m2
Land Size
595m2
Local Government
Whitehorse
Lot/Plan
133/LP54112

Last Listing description (October 2023)

Nestled in an enviable address boasting the luck of the number 8, this exquisite home offers breathtaking panoramic views of the Ranges and an unparalleled location just steps away from PLC, Deakin University, and convenient tram access. Spanning an impressive 604sqm approx., this exceptional property presents an ideal opportunity to create a luxurious new home (subject to council approval).

The current residence provides a comfortable living space and presents a lucrative rental option while you finalize your plans and permits. As you enter, you are greeted by a welcoming lounge adorned with a cozy gas heater, seamlessly flowing into the adjacent kitchen and spacious meals area. Two well-appointed bedrooms are serviced by a family bathroom, separate toilet, and laundry facilities.

Step outside to appreciate the awe-inspiring views that await, allowing you to envision the remarkable future this property holds. The expansive backyard, complete with a bungalow and double garage, offers endless possibilities for outdoor enjoyment.

Positioned in an esteemed locale, this prestigious address is enhanced by a children's playground just across the road. Within a short stroll, you'll find yourself at PLC, Deakin University, Wattle Park Golf Course, Gardiners Reserve, Mount Scopus College, and tram connections to Burwood Shopping Village, Burwood One Shopping Centre, the CBD, and nearby train stations.

In addition to its outstanding features, it's worth noting that the house is currently leased on a month-to-month basis, generating a rental income of $1520 per calendar month. This provides a valuable opportunity for immediate returns while you navigate the process of obtaining plans and permits for your future development. Secure a steady income stream as you plan and envision the transformation of this remarkable property.

Indulge in the perfect blend of location, views, and potential, making this exceptional property a dream opportunity for those seeking luxury and convenience in one package.

Property History for 8 Faelen St, Burwood, VIC 3125

A timeline of how this property has performed in the market
Last Sold
$1,398,000
27 Jun 2023
Listed for Rent
$400/w
04 Jan 2022
  • 27 Jun 2023
    Sold for $1,398,000
  • 29 May 2023
    Listed for Sale SOLD by Ray White Burwood
  • 04 Jan 2022
    Listed for Rent $400 / week
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About 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 8,457 properties. Over the last 5 years, Houses in Burwood have seen a 19.42% increase in median value, while Units have seen a 13.01% increase. As at 31 October 2025:

  • The median value for Houses in Burwood is $1,480,167 while the median value for Units is $778,427.
  • Houses have a median rent of $700 while Units have a median rent of $573.
There are currently 38 properties listed for sale, and 18 properties listed for rent in Burwood on OnTheHouse. According to Cotality's data, 325 properties were sold in the past 12 months in Burwood.

Suburb Insights for Burwood 3125

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.