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207/224-226 Burwood Highway,
Burwood 3125, Victoria

2 bedrooms
2 bathrooms
1 car space
Apartment

$282,000

Property details

Student Accommodation | ~ 9% Return P.A

Perfectly located directly across from Deakin University, this 2-bedroom, 2-bathroom apartment in the highly sought-after student accommodation complex at 224-226 Burwood Highway offers a rare opportunity for savvy investors.

Purpose-built for student living, this well-maintained apartment is consistently tenanted, with a proven rental yield of approximately 9% per annum, making it one of the strongest-performing assets in the area. Both bedrooms are generously sized and accompanied by their bathrooms, offering added privacy and convenience for occupants. The apartment features a functional open-plan layout, ideal for low-maintenance living.

The location is nothing short of exceptional. A tram stop sits right outside the complex, offering direct access to the CBD and surrounding suburbs, while the future Suburban Rail Loop will further enhance connectivity and convenience for students.

Essential amenities are truly at your doorstep-Burwood Brickworks, Burwood One, Camberwell Junction, and a host of local cafes, eateries, and retail shops are all within close reach. Of course, the most important neighbour of all is Deakin University, just across the road.

This is a high-demand, set-and-forget investment in a prime location-perfect for those looking to strengthen their portfolio with a reliable and consistent return.


Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

  • Mount Scopus Memorial College Combined Prep-12 Independent 0.44km
  • Presbyterian Ladies' College Combined Prep-12 Independent 0.65km
  • St Scholastica's School Primary Prep-6 Catholic 1.1km
  • Essex Heights Primary School Primary Prep-6 Government 1.4km
  • Parkhill Primary School Primary Prep-6 Government 1.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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