SOLD
Sold on 29 Feb 2024 for $1,280,000

16 Spectrum Way
Coburg North VIC 3058

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 197m2
Land area: 324m2
Sold By
Nelson Alexander Coburg
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Property Details for 16 Spectrum Way, Coburg North

16 Spectrum Way, Coburg North is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 324m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Coburg North in the last 12 months.

Building Type
House
Year Built
2013
Floor Size
197m2
Land Size
324m2
Local Government
Merri-Bek
Lot/Plan
252/PS646745

Last Listing description (March 2024)

With its free-flowing design, impressive features and abundance of natural light throughout, this contemporary home delivers an exceptional low-maintenance family lifestyle - all perfectly positioned in a thriving Coburg Hill neighbourhood.

Flawless presentation from start to finish, the home's welcoming interior comprises a large master bedroom with its own balcony, WIR and double-vanity ensuite, as well as three additional bedrooms (BIRs), stylish main bathroom and guest powder room (third WC). Further enhancing its family appeal is a study/home office (or 5BR), versatile rumpus/living (upstairs) and spacious open family/dining areas serviced by a stone-bench kitchen with large pantry, stainless-steel cooking appliances (900mm) and Miele dishwasher. Along with high ceilings across both levels, this remarkable home also includes ducted heating, evaporative cooling and additional split-system a/c for all-seasons enjoyment, along with an alarm system and solar power for outstanding energy efficiency. Completing the picture is an alfresco entertaining area looking out to the wonderfully private north-facing backyard, plus the added advantage of a remote-control double garage with internal entry.

Bus stop around the corner along with Coburg Hill shops, cafes, Edgars Creek trails and acres of parkland, it also offers easy access to Gilbert Road trams, a range of schools, Coburg Olympic Swimming Pool and Pentridge Palace Cinema.

Property History for 16 Spectrum Way, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$1,280,000
29 Feb 2024
Listed for Rent
$600/w
16 Feb 2017
  • 29 Feb 2024
    Sold for $1,280,000
  • 14 Feb 2024
    Listed for Sale Under Offer
  • 09 Dec 2020
    Listed for Sale Sold
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About 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 5,196 properties. Over the last 5 years, Houses in Coburg North have seen a 24.18% increase in median value, while Units have seen a 12.64% increase. As at 30 November 2024:

  • The median value for Houses in Coburg North is $1,054,204 while the median value for Units is $687,907.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 12 properties listed for sale, and 16 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Coburg north.

Suburb Insights for Coburg North 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.