SOLD
Sold on 27 Jul 2024 for $455,000

2/76 The Grove
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
Land area: 945m2
Sold By
Nelson Alexander Coburg
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Property Details for 2/76 The Grove, Coburg

2/76 The Grove, Coburg is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 945m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Coburg in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
65m2
Land Size
945m2
Local Government
Merri-Bek
Lot/Plan
2/SP25188

Last Listing description (July 2024)

One of only ten, this ground-floor apartment is an ideal choice for first-time buyers and blue-ribbon investors alike with its immediate quality, value-adding potential and prestigious position in Coburg's most exclusive streetscape.

Step inside to discover a welcoming interior comprising two generous bedrooms (larger main) with built-in robes both serviced by an updated central bathroom. Adding to the appeal is a sizeable front living room leading through to the separate kitchen/meals area with electric oven. The apartment also includes a reverse-cycle split-system air conditioner for year-round comfort, plus the added advantage of a designated off-street parking space.

Local IGA supermarket around the corner along with city-bound trams, Merri Creek trails and acres of parkland, it also offers easy access to schools, kinder/childcare facilities, Moreland Station and the buzz of Sydney Road.

Note: currently leased at $1980pcm until August 2024.

Property History for 2/76 The Grove, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$455,000
27 Jul 2024
Listed for Rent
$300/w
09 Oct 2020
  • 27 Jul 2024
    Sold for $455,000
  • 12 Jun 2024
    Listed for Sale Under Offer
  • 18 Nov 2021
    Sold for $444,999
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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.