OFF MARKET

62 Newlands Road
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 205m2
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Property Details for 62 Newlands Rd, Coburg North

62 Newlands Rd, Coburg North is a 0 bedroom, 0 bathroom Unit with 3 parking spaces and was built in 2002. The property has a land size of 205m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2002
Land Size
205m2
Local Government
Merri-Bek
Lot/Plan
6/SP35935

Last Listing description (February 2020)

* Positioned in a developing commercial pocket
* Suit variety of uses (STCA)
* Remote access to side drive and brick Garage

* Excellent mixed use residential / commercial / multi level development potential (STCA)
* Features three rooms, kitchen and bathroom
* Land size 205m2 (approx)
* Zoned Commercial 1

INVEST / OCCUPY / DEVELOP

Property History for 62 Newlands Rd, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$592,000
13 Feb 2020
Listed for Rent
$300/w
02 Feb 2017
  • 13 Feb 2020
    Sold for $592,000
  • 30 Aug 2019
    Listed for Sale $645,000 - $665,000
  • 07 Sep 2017
    Sold for $585,000
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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.

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.