OFF MARKET

4/89 The Grove
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 188m2
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Property Details for 4/89 The Grove, Coburg

4/89 The Grove, Coburg is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 188m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1990
Floor Size
120m2
Land Size
188m2
Local Government
Merri-Bek
Lot/Plan
4/RP19737

Last Listing description (June 2022)

Opportunity for first-time buyers, downsizers or investors to secure this fabulous villa unit, one of only four and ideally situated set back from the street. Positioned in a private and picturesque setting on The Grove, renowned for its leafy trees, this is a quiet oasis on the city's edge.

It is a short stroll from the lifestyle advantages along Merri Creek, its bike and walking tracks to the city, parks, and sporting and recreation facilities.

It is ideally situated within walking distance to tram/bus, excellent local schools, cafes and Coburg shopping precinct and only minutes to Moreland train station.

Recently renovated kitchen with gas hotplate/dishwasher
Light filled open plan living and dining room
Two generous sized bedrooms with BIR
Modern bathroom and separate laundry
Private north facing entertainers courtyard
Lockup garage, gas hot water, split system heating and cooling

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Property History for 4/89 The Grove, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$880,000
09 Apr 2022
Listed for Rent
$420/w
27 Sep 2012
  • 09 Apr 2022
    Sold for $880,000
  • 15 Mar 2022
    Listed for Sale SOLD - $880,000
  • 21 Nov 2015
    Sold for $616,000
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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 14,531 properties. Over the last 5 years, Houses in Coburg have seen a 23.06% increase in median value, while Units have seen a 12.70% increase. As at 31 October 2024:

  • The median value for Houses in Coburg is $1,220,430 while the median value for Units is $592,986.
  • Houses have a median rent of $693 while Units have a median rent of $530.
There are currently 63 properties listed for sale, and 28 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 546 properties were sold in the past 12 months in Coburg.

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