FOR SALE
$780,000 to $830,000

1530 Burwood Highway
Tecoma VIC 3160

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1018m2
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Representing an outstanding offering to the market the property comprises a classic 4-bedroom hills home set on an almost flat 1018 sqm approx block in the heart of Tecoma. Ideally suited to a renovation or a knock down rebuild with the potential for subdivision or development subject to council approval. Close to all facilities including both primary and secondary schools, bus stop and Tecoma train station this a rare opportunity to secure a large corner block with highway frontage.
Please note the pictures are for advertising purposes only and the presentation of the property may differ from the images.
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Property Details for 1530 Burwood Hwy, Tecoma

1530 Burwood Hwy, Tecoma is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1018m2. The place is currently for sale with Kelly Real Estate Group.

Building Type
House
Land Size
1018m2

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About Tecoma 3160

The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.

Tecoma has 1,002 properties. Over the last 5 years, Houses in Tecoma have seen a 24.80% increase in median value, while Units have seen a 31.00% increase. As at 30 November 2024:

  • The median value for Houses in Tecoma is $860,716 while the median value for Units is $610,276.
  • Houses have a median rent of $425 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and 1 property listed for rent in Tecoma on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Tecoma.

Suburb Insights for Tecoma 3160

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Hans Brenkman
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Craig Kelly
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Kelly Real Estate Group
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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.