SOLD
Sold on 16 Oct 2023 for $209,000

15/471-475 Sydney Road
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 50m2
Land area: 47m2
Sold By
Lewis Sales Team
Lewis Realty
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Property Details for 15/471-475 Sydney Rd, Coburg

Building Type
Commercial
Floor Size
50m2
Land Size
47m2
Local Government
Merri-Bek
Lot/Plan
12/PS511520

Last Listing description (October 2023)

- Busy business location with plenty of foot traffic and easy to manage. Excellent for owner occupier or investor
- Can be used for Retail/Beauty Salon/ Private Office
- Floor area 45sqm Approx.

- Includes WC & Sink Inside Shop
- Located In an Iconic Coburg Central Location

Open For Inspection By Appointment - Enquire Now!

Property History for 15/471-475 Sydney Rd, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$209,000
16 Oct 2023
Listed for Rent
$460/w
01 Nov 2017
  • 16 Oct 2023
    Sold for $209,000
  • 17 Jul 2023
    Listed for Sale $197,500 (PLUS GST)
  • 08 Sep 2017
    Listed for Rent $288,000 / year
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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 14,513 properties. Over the last 5 years, Houses in Coburg have seen a 37.64% increase in median value, while Units have seen a 15.76% increase. As at 31 July 2024:

  • The median value for Houses in Coburg is $1,239,279 while the median value for Units is $616,063.
  • Houses have a median rent of $678 while Units have a median rent of $520.
There are currently 53 properties listed for sale, and 28 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 536 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.