OFF MARKET

1/22 Balloan Street
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 189m2
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Last updated 30 Sep 2024
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Property Details for 1/22 Balloan St, Coburg

1/22 Balloan St, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 189m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1985
Floor Size
76m2
Land Size
189m2
Local Government
Merri-Bek
Lot/Plan
1/RP17203

Last Listing description (February 2018)

This delightfully presented, fresh & inviting unit will appeal to first home buyers and investors alike.

Comprising 2 bedrooms, neat kitchen with 900mm stainless steel upright oven, meals area, separate lounge with gas heating, central bathroom with shower over bath and a compact sunny courtyard.

In a quality complex of only 4, with single carport (and visitor car spaces too) and located in a quiet yet particularly convenient location handy to Sydney Road Tram, cafes, shops, Coburg Station as well as Upfield Bike Path.

This truly is a wonderful opportunity for first home buyers or savvy investors.

Inspection By Appointment - Enquire Today!

NB. Regarding indicated Price - Please understand, particularly on the more 'popular' properties or in a 'hot' property market that more than one buyer may be interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS.

Pre 'Jim's Building Inspection' available to purchase at - https://www.jimsbuildinginspections.com.au/building-inspection-report/building-inspection-report-for-122-balloan-st-coburg-vic-3058-australia/

Property History for 1/22 Balloan St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$540,000
14 Nov 2017
Listed for Rent
$330/w
22 Jun 2017
  • 14 Nov 2017
    Sold for $540,000
  • 04 Nov 2017
    Listed for Sale $550,000
  • 09 Jun 2017
    Listed for Rent $330 / week
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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 14,517 properties. Over the last 5 years, Houses in Coburg have seen a 30.48% increase in median value, while Units have seen a 15.00% increase. As at 31 August 2024:

  • The median value for Houses in Coburg is $1,217,287 while the median value for Units is $606,677.
  • Houses have a median rent of $680 while Units have a median rent of $520.
There are currently 70 properties listed for sale, and 21 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 537 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.