SOLD
Sold on 29 Oct 2023 for $619,000

16 Coral Street
Heidelberg West VIC 3081

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 330m2
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Property Details for 16 Coral St, Heidelberg West

16 Coral St, Heidelberg West is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1950. The property has a land size of 330m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Townhouse sold in Heidelberg West in the last 12 months.

Building Type
Townhouse
Year Built
1950
Floor Size
98m2
Land Size
330m2
Local Government
Banyule
Lot/Plan
1/TP108108

Last Listing description (October 2023)

Perfectly positioned for a lifestyle of ease, this tightly held property offers a world of potential for first-time buyers and savvy investors alike. With room to introduce value-adding touches, along with the bonus of the adjoining property to be sold separately, it is an enticing prospect indeed. Offering three bedrooms served by the family bathroom, an eat-in kitchen and a spacious lounge, whether you're looking to move in and make it your own or take advantage of the strong rental market, this property delivers a solid prospect in a box-ticking locale. Enjoying easy access to local amenities, Northland is just a few minutes away, the local shops and takeaways are within a short walk, the bus stops at the end of the street, and Malahang Reserve is across the road. 16 Coral Street is to be sold separately from 18 Coral Street. Buyers could look to purchase both and enjoy stress-free multi-generational living and excellent rental income or perhaps look at re-developing the two side-by-side allotments. (stca)

~ Zoned Residential Growth Zone Schedule 8
~ Ducted heating and cooling

~ Split system reverse cycle unit
~ Laundry with storage
~ Garage with shelving
~ Large shed
~ Easy to manage allotment
~ Fabulous location
~ Motorised security shutters on windows

Property History for 16 Coral St, Heidelberg West, VIC 3081

A timeline of how this property has performed in the market
Last Sold
$619,000
29 Oct 2023
  • 29 Oct 2023
    Sold for $619,000
  • 28 Aug 2023
    Listed for Sale $619,000
  • 20 Dec 2007
    Transferred

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About Heidelberg West 3081

The size of Heidelberg West is approximately 3.2 square kilometres. It has 9 parks covering nearly 14.1% of total area. The population of Heidelberg West in 2011 was 5,327 people. By 2016 the population was 5,561 showing a population growth of 4.4% in the area during that time. The predominant age group in Heidelberg West is 20-29 years. Households in Heidelberg West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg West work in a professional occupation. In 2011, 38.5% of the homes in Heidelberg West were owner-occupied compared with 37.9% in 2016.

Heidelberg West has 4,084 properties. Over the last 5 years, Houses in Heidelberg West have seen a 21.33% increase in median value, while Units have seen a 16.09% increase. As at 31 August 2024:

  • The median value for Houses in Heidelberg West is $856,757 while the median value for Units is $665,959.
  • Houses have a median rent of $525 while Units have a median rent of $550.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Heidelberg west on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Heidelberg west.

Suburb Insights for Heidelberg West 3081

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David Judge
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Dennis Langham
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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.