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Sold on 17 Jul 2024 for $540,000

4/85 Newlands Road
Coburg North VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 4/85 Newlands Rd, Coburg North

4/85 Newlands Rd, Coburg North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Coburg North in the last 12 months.

Building Type
Unit
Local Government
Merri-Bek
Lot/Plan
4/PS740782

Last Listing description (July 2024)

Enter the market in style, with this larger than most 2-bedroom modern villa unit that provides ample opportunity for the first home buyer, downsizer or investor.

Comprising of two large bedrooms, one with built in robe & the other with Walk in robe, and fully serviced by the main central bathroom. The Kitchen offers stone benchtops, sufficient cabinetry space with quality appliances including dishwasher. The flowing open floor plan adjoins the roomy living and dining space which feature polished timber floors.

Outside offers an oversized with next to no maintenance back yard and drive through access from the garage to the back yard.

Located in the heart of Coburg North, be spoiled for choice with so much at your fingertips with local amenities, Coburg Hill Shopping Centre, reserves & parklands surrounding and public transport with multiple bus routes. An opportunity that cannot be missed!

Additional features include – heating and cooling, European style laundry, plus so much more!

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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

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Property History for 4/85 Newlands Rd, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$540,000
17 Jul 2024
Listed for Rent
$450/w
30 May 2023
  • 17 Jul 2024
    Sold for $540,000
  • 21 May 2024
    Listed for Sale Not Disclosed
  • 18 May 2023
    Listed for Rent $450 / week
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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 5,166 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.
There are currently 21 properties listed for sale, and 18 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Coburg north.

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