3/78 The Grove, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 105m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
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A fine first home or blue-chip investment, this single-level villa is perfect either way with its immediate quality, further value-adding potential and exclusive address in Coburg's most revered tree-lined streetscape. In a well-maintained block of only five, the home's light and bright interior comprises two double bedrooms (both with built-in robes) serviced by a neat central bathroom complete with bathtub. Add to this a spacious front lounge leading through to the separate meals area and modern kitchen featuring tiled splashbacks, quality cooking appliances and dishwasher. Along with split-system heating/cooling and additional ceiling fans (both bedrooms) for year-round comfort, the home also includes solid hardwood floors and internal laundry facilities, plus a surprisingly large courtyard and off-street parking space on title. A short stroll to Nicholson Street trams, local parks and Merri Creek trails, close to primary and secondary schools, kinder/childcare facilities, as well as easy access to the new Moreland Station, Sydney Road's renowned shops, cafes and restaurants.
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:
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