OFF MARKET

1/12 Victoria Street
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 64m2
Land area: 49m2
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Property Details for 1/12 Victoria St, Coburg

Building Type
Commercial
Year Built
1992
Floor Size
64m2
Land Size
49m2
Local Government
Merri-Bek
Lot/Plan
1/SP24748

Last Listing description (November 2023)

This is set the Heart of Coburg. A wonderful opportunity for the astute entrepreneur to secure this perfectly situated shop in an outstanding location. Set in the Victoria Place hub. Just off Sydney Rd, ample parking, excellent walking traffic, outdoor seating ready & waiting. Will suit a plethora of business from a caf, any food venue (complete with grease trap), office, boutique medical practice or allied health, music store, this position ought to cater towards your success. Around 49m2 of prime real estate. The new owner has removed ALL the old butcher fit out displayed in these images. The floor has been levelled out, new plaster on walls, new ceiling, fresh coat of paint, for a fresh new look. A bright open space ready and waiting for its next chapter. Grow with the knowledge that big things can come from this perfect sized building. Call NOW!

Property History for 1/12 Victoria St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$660,000
19 Oct 2022
Listed for Rent
$43k/w
04 Nov 2023
  • 20 Apr 2023
    Listed for Rent $42,500 / year
  • 19 Oct 2022
    Sold for $660,000
  • 29 Aug 2022
    Listed for Sale $639,900
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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 14,580 properties. Over the last 5 years, Houses in Coburg have seen a 18.01% increase in median value, while Units have seen a 11.68% increase. As at 30 November 2024:

  • The median value for Houses in Coburg is $1,202,178 while the median value for Units is $598,596.
  • Houses have a median rent of $695 while Units have a median rent of $540.
There are currently 46 properties listed for sale, and 33 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 555 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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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.