OFF MARKET

1516 Burwood Highway
Tecoma VIC 3160

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 729m2
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Property Details for 1516 Burwood Hwy, Tecoma

1516 Burwood Hwy, Tecoma is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2010. The property has a land size of 729m2. While the property is not currently for sale or for rent, it was last transferred in April 2023.

Building Type
House
Year Built
2010
Land Size
729m2
Local Government
Yarra Ranges
Lot/Plan
2/PS510226

Last Listing description (December 2015)

Take the leap into the property market with this centrally located home with with enormous shed and abundant potential.
At 8-years young and boasting modern features such as open plan living and Colourbond cladding, all that is required are the finishing touches and some TLC. Offering 3 bedrooms, including main with ensuite and WIR, vaulted ceilings, and bright and airy feel throughout.
The massive 10.5 x 7m barn-style shed on concrete slab is only 1-year old and ready to become a fantastic work horse or second dwelling (STCA).

Make this property your own to hold a secure and central investment. Quick inspection is recommended.
- Central location
- Massive shed
- Open plan living
- 3 bedrooms
- Vaulted ceilings
Land: 724 sq m approx.

Property History for 1516 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Transferred
19 Apr 2023
  • 19 Apr 2023
    Transferred
  • 22 Jun 2015
    Sold for $435,000
  • 05 Jun 2015
    Listed for Sale $370,000 plus
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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.
There are currently 8 properties listed for sale, and no properties listed for rent in Tecoma on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Tecoma.

Suburb Insights for Tecoma 3160

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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.