11/5 Industry LaneCoburg VIC 3058
Property Details for 11/5 Industry Lane, Coburg
11/5 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2005. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Townhouse sold in Coburg in the last 12 months.
Last Listing description (May 2024)
With its adaptable design, quality features and serene surrounds, this double-storey townhouse presents a terrific low-maintenance lifestyle or investment opportunity - all in the very heart of Pentridge with Ritchie's IGA and Palace Cinema around the corner.
Filled with natural light, the home's engaging interior comprises two bedrooms (larger master with WIR) complemented by a two-way bathroom with marble-top vanity and additional powder room (second WC). Spacious and versatile, the open-plan living/meals area is further enhanced by a stone-bench kitchen complete with quality cooking appliances and integrated dishwasher. Exposed brickwork adds to the industrial appeal, along with more contemporary features such as panel heating, split-system air conditioning and European laundry with trough. Step outside to enjoy the secluded rear courtyard backing onto one of Pentridge's historic bluestone walls, plus a full-width front balcony (from the master bedroom), gated entrance, secure undercover parking space and storage cage.
A short stroll to Sydney Road trams, Merri Creek trails and Coburg Lake Reserve, it also offers easy access to local schools and kinder/childcare facilities, Coburg Station and the area's cosmopolitan shopping precinct.
Property History for 11/5 Industry Lane, Coburg, VIC 3058
- 03 May 2024Sold for $630,000
- 03 Nov 2023Listed for Sale Under Offer
- 30 Dec 2020Listed for Rent $425 / 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.
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