SOLD
Sold on 26 Sep 2024 for $659,000

8/3 Balloan Street
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 104m2
Sold By
Nelson Alexander Coburg
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Property Details for 8/3 Balloan St, Coburg

8/3 Balloan St, Coburg is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 104m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Townhouse sold in Coburg in the last 12 months.

Building Type
Townhouse
Year Built
1970
Floor Size
76m2
Land Size
104m2
Local Government
Merri-Bek
Lot/Plan
8/RP2048

Last Listing description (October 2024)

Enjoy a serene low-maintenance lifestyle in this boutique older-style villa that's sure to impress with its sizeable floorplan, quality enhancements and sunny outdoors - all in a quiet cul-de-sac offering easy access to the best of Coburg.

Greeted by hardwood floors and an abundance of light, the home's impeccable interior comprises two bedrooms (large main) with built-in robes both serviced by a stylish central bathroom and separate WC. Add to this an adaptable living/meals area adjoined by a well-appointed kitchen complete with soft-close cabinetry, Bosch oven and dishwasher. Along with split-system heating/cooling for year-round comfort, this vibrant villa also includes concealed laundry facilities and wide rear courtyard with high fences for privacy, plus the added appeal of an undercover parking space.

Walking distance to Coburg Station and choice of bus routes along with Sydney Road trams, shops, cafes and restaurants, it's also close to popular parks, local schools and Pentridge Palace Cinema.

Property History for 8/3 Balloan St, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$659,000
26 Sep 2024
Listed for Rent
$400/w
20 May 2022
  • 26 Sep 2024
    Sold for $659,000
  • 09 Sep 2024
    Listed for Sale Under Offer
  • 04 May 2022
    Listed for Rent $400 / 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 14,520 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 61 properties listed for sale, and 26 properties listed for rent in Coburg on OnTheHouse. According to CoreLogic's data, 548 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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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.