5/1 Industry LaneCoburg VIC 3058
Property Details for 5/1 Industry Lane, Coburg
5/1 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Townhouse sold in Coburg in the last 12 months.
Last Listing description (April 2024)
This trendy two storey townhouse situated in the heart of historic Pentridge Village has character. Access via secure video intercom reveals an open plan domain. Hardwood floors, exposed beams on high vaulted ceilings and brickwork combine to impart a sense of spaciousness and character.
That living area is serviced by a large, fully appointed, stone topped kitchen that’s also coupled to an elevated entertaining courtyard. A combined laundry/powder room and under stair storage make ground level convenience while upstairs a central bathroom sits between two double bedrooms with BIRs. Reverse cycle air conditioning, undercover parking space with storage cage and additional off-street parking add to the appeal.
It’s a short walk to the beautiful open spaces of Coburg Lake Reserve that gives access to endless trails via Merri Creek. Conveniences close by include schools, kinder/childcare facilities, Sydney Road trams, Coburg Station, Palace Cinema complex and an IGA supermarket.
Get in touch with us today to arrange a private viewing and discover the uniqueness of this townhouse!
Approximate Annual Outgoing Fees:
Strata Fee – $5,020
Council Rate – $1,490
Property History for 5/1 Industry Lane, Coburg, VIC 3058
- 01 Apr 2024Sold for $630,000
- 18 Dec 2023Listed for Sale From $650,000 - $695,000
- 09 Jun 2018Sold for $625,000
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0About 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 14,522 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.
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