1/68 Newlands RoadCoburg North VIC 3058
Property Details for 1/68 Newlands Rd, Coburg North
Last Listing description (November 2024)
Options are endless in a sort out area in Coburg North's finest.
Either commence your new business adventure or simply invest. Close to Coburg Lake and Coburg Pentridge. Currently tenanted till mid August 2024, used as a cafe. Make this your stepping stone in this blue chip, inner city area. Moments from the hustle and bustle of Sydney Road, easy access to freeways and 11km approx to Melbourne CBD.
Currently offers beautiful modern bench space with an appealing entrance, kitchen facilities, bathroom and a secured carport.
What's Your Next Move?
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters
Property History for 1/68 Newlands Rd, Coburg North, VIC 3058
- 06 Sep 2024Sold for $377,000
- 24 Jul 2024Listed for Sale UNDER OFFER!
- 07 Apr 2022Sold for $315,000
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0About Coburg North 3058
The size of Coburg North is approximately 4.9 square kilometres. It has 20 parks covering nearly 18.4% of total area. The population of Coburg North in 2011 was 6,575 people. By 2016 the population was 7,615 showing a population growth of 15.8% in the area during that time. The predominant age group in Coburg North is 30-39 years. Households in Coburg North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg North work in a professional occupation. In 2011, 66.7% of the homes in Coburg North were owner-occupied compared with 66% in 2016.
Coburg North has 5,167 properties. Over the last 5 years, Houses in Coburg North have seen a 24.31% increase in median value, while Units have seen a 16.38% increase. As at 31 October 2024:
- The median value for Houses in Coburg North is $1,040,559 while the median value for Units is $692,586.
- Houses have a median rent of $600 while Units have a median rent of $550.
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