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272 Sydney Road
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 97m2
Land area: 223m2
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Shop & Dwelling In Prime Sydney Road Location!

Seize the chance to own this dual-income property in a prime location at 272 Sydney Road, Coburg, offering both a bustling main road shopfront and a rear residential dwelling.
The spacious 2-bedroom dwelling features open-plan living, a generous kitchen and meals area, and a versatile space perfect for use as a third bedroom, study, or home office. It also includes a combined bathroom, toilet, and laundry, with the convenience of a private rear entrance.
Property Features:
- Prime Sydney Road location
- Two separate tenancies with individual entrances
- Rear access via Benson Street
- Current rental income: $33,948 p.a.
- Close to Coburg Train Station and tram stops along Sydney Road
- Major nearby businesses: Coles, Woolworths, Dan Murphy's
- Shop area: approx. 38m²
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Property Details for 272 Sydney Rd, Coburg

272 Sydney Rd, Coburg is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 223m2 and floor size of 97m2. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
House
Floor Size
97m2
Land Size
223m2

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About Coburg 3058

The size of Coburg is approximately 7 square kilometres. It has 33 parks covering nearly 7.4% of total area. The population of Coburg in 2011 was 24,976 people. By 2016 the population was 26,172 showing a population growth of 4.8% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation. In 2011, 65.8% of the homes in Coburg were owner-occupied compared with 62.8% in 2016.

Coburg has 14,532 properties. Over the last 5 years, Houses in Coburg have seen a 23.06% increase in median value, while Units have seen a 12.70% increase. As at 31 October 2024:

  • The median value for Houses in Coburg is $1,220,430 while the median value for Units is $592,986.
  • Houses have a median rent of $693 while Units have a median rent of $530.
There are currently 64 properties listed for sale, and 27 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 548 properties were sold in the past 12 months in Coburg.

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Lewis Realty Pty Ltd - COBURG
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