1521 Burwood HighwayTecoma VIC 3160
Property Details for 1521 Burwood Hwy, Tecoma
1521 Burwood Hwy, Tecoma is a 3 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 1026m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
Last Listing description (July 2014)
Choice Location, Great First Home or Investment!
UNDER CONTRACT - Positioned on a flat corner parcel of approx. ? acre within walking distance to schools, shops & transport this original classic can offer you so many options that you will be the winner on all counts.
Featuring 3 bedrooms, high ceilings, timber floorboards and a lot of potential. In need of some T.L.C you can decide whether to keep the original home and renovate, or remove the home and build a new dwelling (subject to council approval). Either as a first home or long term rental/investment this is certainly the one to look at!
Property History for 1521 Burwood Hwy, Tecoma, VIC 3160
- 12 May 2014Sold for $360,000
- 17 Apr 2014Listed for Sale Not Disclosed
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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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