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Sold on 21 Nov 2024 for $418,000

6/15 Marama Street
Coburg North VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 6/15 Marama St, Coburg North

6/15 Marama St, 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 November 2024. There are other 2 bedroom Unit sold in Coburg North in the last 12 months.

Building Type
Unit

Last Listing description (November 2024)

This charming retro two-bedroom apartment, located on the top floor of a boutique complex, offers incredible potential to capitalize on a great investment return or enter the market in a sought-after location.

Tucked away in a quiet, low-density complex, the apartment boasts a spacious layout, including a bright and airy living/meals area with a fully renovated home with a stunning kitchen with brand new appliances, tiled splashback, and ample cabinetry. Both generously sized bedrooms offer plenty of space, The central bathroom features a sleek design with a huge walk in shower, toilet and stunning cabinetry. Solar panels add to the value here with low cost living at the forefront.

Additional features include a well appointed communal laundry and a designated parking space.

This is a fantastic opportunity to create a low-maintenance lifestyle, with easy access to the amenities of Sydney Road, Merlynston Station, local cafes, and the Coburg North/Pentridge precinct.

Due diligence checklist – for home and residential property buyers – http://www.consumer.vic.gov.au/duediligencechecklist.

This document is prepared to assist solely in the marketing of this property. While all care is taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their enquiries to verify the information.

Property Code: 237

Property History for 6/15 Marama St, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$418,000
21 Nov 2024
Listed for Rent
$420/w
21 Feb 2023
  • 21 Nov 2024
    Sold for $418,000
  • 09 Sep 2024
    Listed for Sale Private Sale - Contact Agent
  • 21 Feb 2023
    Listed for Rent $420 / 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 5,197 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 15 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Coburg north.

Suburb Insights for Coburg North 3058

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Carla Primiano
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Manu Kumar
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YPA Estate Agents Doreen-Mernda
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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.