SOLD
Sold on 20 Feb 2024 for $835,000

11 The Avenue
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 287m2
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Property Details for 11 The Avenue, Coburg

11 The Avenue, Coburg is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 287m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Coburg in the last 12 months.

Building Type
House
Floor Size
110m2
Land Size
287m2
Local Government
Merri-Bek
Lot/Plan
1/TP323223

Last Listing description (February 2024)

**SALE BY FIXED DATE Tuesday 5 March at 6.00**

Calling all builders, developers and renovatorsthe future is big with this 287sqm (approx.) allotment with the possibility of two street frontages from The Avenue and Carron Street, Coburg. Whatever shape the future takes, the location is key to this sites attraction with excellent facilities on your doorstep, perfectly positioned for development into a multi-dwelling site (STCA). Sydney Rd shopping, restaurants and trendy cafes, primary and high schools, bike paths, gymnasiums and parklands, public transport with Moreland train station, Sydney Rd tram and bus network all within a short stroll and an easy commute to the Melbourne CBD. Certain to capture the attention of many as this exciting Coburg address presents huge potential for reward.


**Contact Agent to arrange Inspection**

Property History for 11 The Avenue, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$835,000
20 Feb 2024
  • 20 Feb 2024
    Sold for $835,000
  • 01 Feb 2024
    Listed for Sale $850,000 - $890,000
  • 28 Jan 2023
    Transferred
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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.