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Sold on 18 May 2024 - Price Unavailable

88 Shaftsbury Street
Coburg VIC 3058

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 490m2
This property is currently on the market
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Property Details for 88 Shaftsbury St, Coburg

88 Shaftsbury St, Coburg is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 490m2.This Property is currently listed for sale with Ray White Coburg

Building Type
House
Land Size
490m2
Local Government
Merri-Bek
Lot/Plan
2/TP848468

Last Listing description (May 2024)

Nazih Abbouchi proudly presents...

Spanning approximately 490 sqm, this property's highly-desirable dimensions include dual-street frontage and rear east-facing perspectives. Recognised for its proximity to local parks & schools, its suitability ranges from undergoing a comprehensive renovation, building a new luxury home, or pursuing multi-unit development (STCA).

Its classical features - tin roof, weatherboard facade, dual chimneys, easterly sunroom - retain a timeless quality that will always continue to appeal. A renovation could bring them back to their original grandeur.

Yet these features present themselves in a favourable development climate that encourages density and a streetscape that is looking increasingly modern. To renovate or build anew - both options appeal with equal significance.

And both will take advantage of a premium location placing schools, churches, and playgrounds within walking distance of the door. Coburg station plaza, Sydney Road commons, and the 58 & 19 trams are right nearby, with Pentridge SC, Coburg Lake, and Coburg North Plaza only moments away.

Highlights
490 sqm approx allotment
Dual street frontage
Rear east-facing perspectives
Development site (STCA)
Options to renovate
Tin roof
Dual chimneys
Weatherboard facade
Original condition
Steps to local churches & schools
Proximity to Coburg Plaza & Sydney Road

Property History for 88 Shaftsbury St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
18 May 2024
  • 12 Sep 2024
    Listed for Sale Auction - $650,000 - $700,000
  • 18 May 2024
    Sold for $1,006,000
  • 17 Apr 2024
    Listed for Sale Auction - $850,000 - $900,000

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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 14,472 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 63 properties listed for sale, and 26 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 538 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Contact agent
Nazih Abbouchi
Show contact details
Iby Ramaihi
Show contact details
Ray White Coburg
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.