SOLD
Sold on 08 Aug 2024 for $638,500

10/5 Industry Lane
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
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Property Details for 10/5 Industry Lane, Coburg

10/5 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Coburg in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
95m2
Local Government
Merri-Bek
Lot/Plan
538/PS501198

Last Listing description (August 2024)

Located in the iconic former Pentridge Carpentry Lofts and paying homage to the industrial history of the precinct, this enticing warehouse conversion epitomises trendy inner-city living with its industrial chic elements and uber cool position in one of the hottest parts of town.Light and bright interiors offer stylish ambience through the generously sized open plan living/dining area, adjoining a spacious kitchen with a striking combination of polished concrete flooring, original exposed brick, stone benches, and premium appliances. Full height sliding doors open seamlessly onto a delightful courtyard complete with original bluestone walls and built in seating for effortless indoor/outdoor entertaining. Upstairs, discover two generous bedrooms (walk in robes and private balcony to master) and a sleek central bathroom with separate bath. Add to this, a powder room, cleverly incorporated European laundry, split system heating/cooling, intercom entry plus secure off-street parking with storage cage. Sensationally situated a short stroll to vibrant Sydney Road with its delectable eateries, specialty stores and plethora of city-bound transport options, plus schools, playgrounds, Merri Creek walking/cycling trails and nearby freeway access all within easy reach. Ideal for first home buyers looking to secure low maintenance living close to all the action, and a rewarding option for savvy investors. Make it yours!

Property History for 10/5 Industry Lane, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$638,500
08 Aug 2024
Listed for Rent
$440/w
13 Jul 2020
  • 08 Aug 2024
    Sold for $638,500
  • 31 Jul 2024
    Listed for Sale $600,000 - $640,000
  • 26 Jun 2020
    Listed for Rent - Price not available
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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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Charles Fox
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Paul Richards
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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.