6/27 The Grove Coburg VIC 3058
Property Details for 6/27 The Grove, Coburg
6/27 The Grove, Coburg is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (June 2018)
In arguably Coburg's premier location, this superb unit is a fabulous entry-level option, lucrative investment or scale-down opportunity on the renowned tree-lined The Grove. Boasting 2 bedrooms, the spacious and versatile open-plan living areas are complemented by a kitchen/meals zone featuring granite benchtops, ample cupboard space and oven/hotplate and heating/cooling. Positioned within minutes to Cafes, Restaurants, all levels of schooling, train station and trams on both cosmopolitan Sydney Road & Nicholson St. This easy living property warrants your immediate attention! Estimated rental return approx. $420 per week.
Property History for 6/27 The Grove, Coburg, VIC 3058
- 12 May 2018Sold for $420,000
- 17 Apr 2018Listed for Sale $350,000 - $380,000
- 23 Feb 2017Listed for Rent - Price not available
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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 14,579 properties. Over the last 5 years, Houses in Coburg have seen a 18.01% increase in median value, while Units have seen a 11.68% increase. As at 30 November 2024:
- The median value for Houses in Coburg is $1,202,178 while the median value for Units is $598,596.
- Houses have a median rent of $695 while Units have a median rent of $540.
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