1/1527 Burwood HighwayTecoma VIC 3160
Property Details for 1/1527 Burwood Hwy, Tecoma
Last Listing description (July 2020)
Excellent exposure to busy Burwood Highway and it is ideal for food premises or other multiple retail uses.
Property features:
* Modern building
* Zoned commercial 1
* Train station & buses are only short distance
* Large car parking area behind shops
For further information or to arrange an inspection to see the property call Ray Abley on 0418 319 452 or John Katselas on 0411 110 997
Property History for 1/1527 Burwood Hwy, Tecoma, VIC 3160
- 29 Jul 2020Sold for $380,000
- 22 Jul 2020Listed for Sale Contact Agent
- 14 Nov 2018Listed for Rent $26,400 / year
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About Tecoma 3160
The size of Tecoma is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.4% of total area. The population of Tecoma in 2011 was 2,087 people. By 2016 the population was 2,068 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 40-49 years. Households in Tecoma are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tecoma work in a professional occupation. In 2011, 81.1% of the homes in Tecoma were owner-occupied compared with 79.6% in 2016.
Tecoma has 1,000 properties. Over the last 5 years, Houses in Tecoma have seen a 27.22% increase in median value, while Units have seen a 35.64% increase. As at 31 October 2024:
- The median value for Houses in Tecoma is $856,170 while the median value for Units is $620,425.
- Houses have a median rent of $425 while Units have a median rent of $350.
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