SOLD
Sold on 08 Dec 2023 for $685,000

4/145A Sydney Road
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 78m2
Sold By
Nelson Alexander | Coburg
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Property Details for 4/145a Sydney Rd, Coburg

4/145a Sydney Rd, Coburg is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2022. The property has a land size of 78m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Coburg in the last 12 months.

Building Type
Townhouse
Year Built
2022
Floor Size
99m2
Land Size
78m2
Local Government
Merri-Bek
Lot/Plan
5/PS835311

Last Listing description (December 2023)

Access the property by heading through the laneway off Norman Street and following the inspection boards.

This townhouse in Coburg presents a fantastic opportunity for potential buyers or investors. Coburg is a highly sought-after area known for its vibrant community and excellent amenities. The townhouse's prime location on a well-known street, set well away and behind Sydney Road, allows for easy access to everything the area has to offer.

The townhouse itself offers a modern and comfortable living space with two bedrooms, two bathrooms, an open-plan kitchen-living area, and a balcony. The master bedroom includes a walk-in robe. Multiple split system heating and cooling units throughout ensure year-round comfort. The townhouse boasts a unique feature of its own rooftop terrace with sweeping city views, providing a perfect outdoor space for relaxation and entertainment.

For added convenience, the property includes secure parking which is accessible from Norman St with internal access from the garage. It is part of a near-new developed boutique complex, which adds to the appeal of this investment opportunity.

Coburg is celebrated for its diverse community and vibrant atmosphere. It boasts a wide range of amenities, including pubs, cafes, supermarkets, and more, all within walking distance from this townhouse. The area also provides multiple convenient public transport options, making daily commuting a breeze.

Please note that while the floor plan in the advertisement is from unit 5, unit 4 has a reversed floor plan. It is advisable to conduct thorough research and due diligence before deciding to purchase. Nevertheless, this townhouse in Coburg offers not only a modern living space but also the chance to become part of a thriving and well-connected community in one of Melbourne's most popular neighbourhoods.

Currently leased until Jan 18th 2024 currently leased at $480 per week.

Property History for 4/145a Sydney Rd, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$685,000
08 Dec 2023
  • 08 Dec 2023
    Sold for $685,000
  • 20 Oct 2023
    Listed for Sale Private Sale $689,000

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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.