547 Sydney RoadCoburg VIC 3058
Property Details for 547 Sydney Rd, Coburg
Last Listing description (March 2024)
Nazih Abbouchi proudly presents...
Superbly positioned in the heart of Coburg and located a stone throw away from all that Sydney Road has to offer.
This versatile site is perfect for mix use development and has so much potential.
A rare landholding opportunity has presented itself in a premium Coburg location.
· Zoned Activity Centre Zone - Schedule 1
· Land Area - 315m2 (approx)
· Vacant Possession
· 10% Deposit
· Flexible Settlement Terms
Property History for 547 Sydney Rd, Coburg, VIC 3058
- 12 Mar 2024Sold for $572,000
- 05 Jul 2023Listed for Sale Private Sale - $600,000
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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 14,523 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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