SOLD
RECENT ADVICE
Sold on 12 Sep 2024 for $570,000

5/22 Chambers Street
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/22 Chambers St, Coburg

5/22 Chambers St, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Coburg in the last 12 months.

Building Type
Unit
Local Government
Merri-Bek
Lot/Plan
5/RP1062

Last Listing description (September 2024)

Discover this charming two-bedroom unit in the heart of Coburg, ideal for first-time buyers or savvy investors eager to capitalise on the area's growth. This inviting and functional living space includes two bedrooms with built-in robes, a separate lounge, a neat kitchen / meals area, a combined laundry/bathroom, a private L-shaped courtyard, and a single car space on title.

Enjoy the convenience of nearby public transport options, with tram and train stations making your commute a breeze. The local schools, including Coburg Primary School and Coburg High School, are well-regarded, increasing the locations appeal.

Don't miss this fantastic opportunity to secure a home in one of Melbourne's dynamic suburbs. Whether you're entering the property market or expanding your investment portfolio, this is a wonderful opportunity.

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MESSAGE TO BUYERS –

ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.

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Property History for 5/22 Chambers St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$570,000
12 Sep 2024
Listed for Rent
$320/w
11 Nov 2021
  • 07 Sep 2024
    Sold for $570,000
  • 02 Aug 2024
    Listed for Sale $580,000 - $630,000
  • 12 Sep 2021
    Listed for Rent $320 / week
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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 14,472 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 26 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 538 properties were sold in the past 12 months in Coburg.

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Donato Cutinelli
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Lewis Realty Pty Ltd - COBURG
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