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Sold on 09 Nov 2024 for $508,000

2/48-50 Sydney Road
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/48-50 Sydney Rd, Coburg

2/48-50 Sydney Rd, Coburg is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Coburg in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Discover this beautifully maintained, two-level, two-bedroom apartment in an exclusive complex. Boasting a spacious layout, it features two double bedrooms with built-in wardrobes, an open-plan living and dining area, and a modern kitchen with stone countertops, a dishwasher, and ample storage. Enjoy the stunning balcony with a westerly view and abundant natural light. The apartment also includes a generous central bathroom, a powder room, and a European laundry. Additional highlights are a study nook, split-system heating and cooling, intercom entry, and secure undercover parking with a storage box.
Situated on the 19-tram route, nearby sought-after schools include Coburg High School, Merri-bek Primary School, and St Margaret Mary's Primary School. This prime location offers easy access to Barkly Square Shopping Centre, Monash University Parkville, Melbourne University Parkville, RMIT City, Victoria Market, the medical precinct including Royal Melbourne Hospital, and the CBD.

Property History for 2/48-50 Sydney Rd, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$508,000
09 Nov 2024
Listed for Rent
$350/w
13 Dec 2021
  • 09 Nov 2024
    Sold for $508,000
  • 14 Oct 2024
    Listed for Sale $440,000 - $480,000
  • 13 Dec 2021
    Listed for Rent $350 / 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.
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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Louis Saba
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Jordan Rodriguez
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Harcourts Coburg
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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.