SOLD
Sold on 21 Sep 2024 for $520,000

1/48-50 Sydney Road
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
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Property Details for 1/48-50 Sydney Rd, Coburg

1/48-50 Sydney Rd, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Coburg in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
95m2
Local Government
Merri-Bek
Lot/Plan
1/PS512565

Last Listing description (September 2024)

Welcome to this impeccably presented, two-level, two-bedroom apartment in a boutique block.

Larger than most, the floorplan comprises two double bedrooms with built in robes, an open plan living/dining area with a modern kitchen including stone bench tops, dishwasher and ample storage. A glorious balcony with a Westerly aspect and great natural light. A generous central bathroom, plus a powder room and a European laundry.
Additional features include: a study nook, split- system heating/cooling, timber floors,

intercom entrance and secure undercover parking with storage box.

Superb location on the 19-tram route to Barkly Square Shopping Centre, Monash University Parkville, Melbourne University Parkville, RMIT City, Victoria Market, Medical precinct: Royal Melbourne Hospital and the CBD. Sought after local schools, Coburg High School, Merri-bek Primary School and St Margaret Mary's Primary School.

Don't miss your chance to secure a home in one of Melbourne's most desirable suburbs!

Property History for 1/48-50 Sydney Rd, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$520,000
21 Sep 2024
Listed for Rent
$410/w
06 Apr 2022
  • 21 Sep 2024
    Sold for $520,000
  • 22 Aug 2024
    Listed for Sale $440,000 to $480,000
  • 05 Apr 2022
    Listed for Rent $410 / 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 14,579 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 48 properties listed for sale, and 33 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 559 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Jane Skinner
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Peter Sowersby
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Walshe & Whitelock
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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.