1525 Burwood HighwayTecoma VIC 3160
Property Details for 1525 Burwood Hwy, Tecoma
1525 Burwood Hwy, Tecoma is a 0 bedroom, 0 bathroom House. The property has a land size of 994m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (September 2024)
Ideal for a residential home build close to all amenity, or, for the Small Business Operator to build their dedicated consultancy suites, therapeutic space, office or food and drink premises, this accessible, flat, 994m (approx.) land in thriving Tecoma provides a rare opportunity to build to your specification in a high visibility location.
Perfect for a Downsizer build, most recently, the property had secured Planning Permission for a 9 bed, 2 story residence and can support B&B development, while historic approval for a Restaurant suggests there may be opportunity to investigate that use (STCA).
In any case, your investment in this property will be supported by easy access to all local amenity and the surrounding mix of professional and retail businesses so plan your private inspection today.
- Vacant Land- 994m approx.
- High visibility Location
- Close to all services
- 5 min Walk to Trains
Property History for 1525 Burwood Hwy, Tecoma, VIC 3160
- 22 Aug 2024Listed for Sale $750,000 - $825,000
- 24 Jun 2015Sold for $365,000
- 04 Feb 2015Listed for Sale $350,000 PLUS
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/ucqmr65dkyi63fuaah6ss2y42m?signature=cd22d280c083da40e1e9aa103ff023420bdc905bd46908dac3ef9daa33682c62){kind=logo}
0
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Tecoma 3160
Market Insights
Tecoma Trends for Houses
N/A
N/A
View TrendN/A
N/A
Tecoma Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
