SOLD
Sold on 22 Nov 2023 for $3,200,000

28 Kyabram Street
Coolaroo VIC 3048

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3715m2
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Sold By
Paul Farrelly
SUTHERLAND FARRELLY
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Property Details for 28 Kyabram St, Coolaroo

Building Type
Commercial
Land Size
3715m2
Local Government
Hume
Lot/Plan
9/LP98204

Last Listing description (November 2023)

The property comprises a factory/warehouse building of 720 sqm*.

Property attributes include:


Land Area: 3,715 sqm*

Zoning: Industrial 3

Short Term Income

Opportunity to redevelop within the thriving northern suburbs.


Approx.

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Property History for 28 Kyabram St, Coolaroo, VIC 3048

A timeline of how this property has performed in the market
Last Sold
$3,200,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $3,200,000
  • 09 Oct 2023
    Listed for Sale CONTACT AGENT
  • 13 Oct 1998
    Sold for $1,437,500
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About Coolaroo 3048

The size of Coolaroo is approximately 3.1 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Coolaroo in 2011 was 3,261 people. By 2016 the population was 3,183 showing a population decline of 2.4% in the area during that time. The predominant age group in Coolaroo is 20-29 years. Households in Coolaroo are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolaroo work in a labourer occupation. In 2011, 69.4% of the homes in Coolaroo were owner-occupied compared with 66.1% in 2016.

Coolaroo has 1,758 properties. Over the last 5 years, Houses in Coolaroo have seen a 18.38% increase in median value, while Units have seen a 10.81% increase. As at 31 October 2024:

  • The median value for Houses in Coolaroo is $546,079 while the median value for Units is $434,418.
  • Houses have a median rent of $480.
There are currently 5 properties listed for sale, and 1 property listed for rent in Coolaroo on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Coolaroo.

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