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Sold on 08 Mar 2024 - Price Unavailable

547 Sydney Road
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 315m2
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Property Details for 547 Sydney Rd, Coburg

Building Type
Land
Land Size
315m2
Local Government
Merri-Bek
Lot/Plan
1/TP95696

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

A timeline of how this property has performed in the market
Last Sold
08 Mar 2024
  • 12 Mar 2024
    Sold for $572,000
  • 05 Jul 2023
    Listed 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 14,532 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 64 properties listed for sale, and 29 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 551 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Contact agent
Nazih Abbouchi
Show contact details
Iby Ramaihi
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Ray White Coburg
Preferred contact:
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.