OFF MARKET

11/1 Industry Lane
Coburg VIC 3058

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
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Property Details for 11/1 Industry Lane, Coburg

11/1 Industry Lane, Coburg is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1900. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1900
Floor Size
62m2
Local Government
Merri-Bek
Lot/Plan
563/PS501198

Last Listing description (August 2022)

Get the edge with this secure one bedroom residence flaunting industrial character, a large entertainer's deck, study space perfect for working from home and fantastic position, the shortest of strolls to Pentridge shops, cinemas and eateries and an easy walk to Coburg Lake and transport.

Extending across two storeys, the home is protected by a secure entrance with intercom and set in one of the most alluring parts of Pentridge. Showcasing character-rich brick walls and exposed beams, it retains historic details blended with a modern layout including an upstairs study or retreat and flowing living/meals/kitchen, accessing the deck. Stainless steel appliances make cooking easy and stone countertops add style.

The bathroom takes a central position upstairs and there's an under-stair laundry. Panel heaters add winter warmth while a car space offers off street parking, complemented by visitor parking on site. With convenient nearby transport options, it's also easy to access and to commute from without a car.

Property History for 11/1 Industry Lane, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$420,000
30 Jul 2022
Listed for Rent
$350/w
23 Aug 2018
  • 30 Jul 2022
    Sold for $420,000
  • 16 Nov 2019
    Sold for $410,000
  • 17 Oct 2019
    Listed for Sale Auction
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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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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.