SOLD
RECENT ADVICE
Sold on 15 Aug 2024 for $490,000

5/8 Lorensen Avenue
Coburg North VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 53m2
Sold By
Barry Plant Inner City Group
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Property Details for 5/8 Lorensen Ave, Coburg North

5/8 Lorensen Ave, Coburg North is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 53m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Coburg North in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
110m2
Land Size
53m2
Local Government
Merri-Bek
Lot/Plan
5/PS801816

Last Listing description (September 2024)

Complete Lifestyle Convenience.

Boasting a generous design spread across two comfortable levels, with sun-drenched north-facing living areas and an enviable location just 300m from Merlynston Station and moments from Sydney Road, this modern townhome is move-in ready and offers an exceptional opportunity for aspiring homeowners, city professionals, or astute investors. A modern stone kitchen features a full suite of stainless steel appliances, overlooking the open living area. Seamless connection between the living spaces and a private alfresco balcony offers extended entertaining and relaxation space. The central bathroom caters to the needs of two bedrooms, both equipped with built-in robes, and the secure garage houses a Euro laundry and additional powder room. Highlights include rich timber floors, split system, wall heaters and a location that places you strolling distance from Hosken Reserve. Set just 10km from the city centre and a short drive from Coburg North shopping Village, schools including St Marks Primary School, Pascoe Vale North Primary, and Mercy College are all within a short distance of home, making this an ideal choice homeowners looking for a blend of comfort and convenience in a vibrant urban community.

Property History for 5/8 Lorensen Ave, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$490,000
15 Aug 2024
Listed for Rent
$385/w
23 May 2022
  • 15 Aug 2024
    Sold for $490,000
  • 03 Aug 2024
    Listed for Sale $480,000 - $510,000
  • 03 May 2022
    Listed for Rent $385 / 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 5,157 properties. Over the last 5 years, Houses in Coburg North have seen a 30.38% increase in median value, while Units have seen a 16.12% increase. As at 31 August 2024:

  • The median value for Houses in Coburg North is $1,033,584 while the median value for Units is $683,929.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 9 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 184 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.