1533 Burwood HighwayTecoma VIC 3160
Property Details for 1533 Burwood Hwy, Tecoma
Last Listing description (January 2022)
Ray White commercial Glen Waverley is pleased to present for sale this prominently located development site which benefits from the following key attributes:
Plans and Permit for mixed use development
Zoned Commercial 1
Land area: 826m*
Less than 1.5Km* to Puffing Billy Railway - the most popular steam heritage railways in the world
Within 4Km* to Kokoda Track Memorial Walk (1000 Steps)
The surrounding area is serviced by excellent amenities including Tecoma train station, primary school and various local caf, restaurants, retail shops and easy access to public transport to the CBD.
*Approx.
For further information or arrange an inspection, please contact the exclusive marketing agents.
As per the Government Directions, you must be fully vaccinated (or have a valid exemption) to attend any of our Open Properties or On Site Auctions. Simply show the Agent your green tick when scanning the QR Code at the door, or produce Proof of Vaccination or Exemption.
If you are unvaccinated or partially vaccinated, we can introduce you to the property via a private inspection. Please contact the agent to schedule a private inspection.
Property History for 1533 Burwood Hwy, Tecoma, VIC 3160
- 19 Aug 2021Sold for $990,000
- 22 Jul 2020Listed for Sale $900,000 - $990,000
- 28 Oct 2019Listed for Sale Contact Agent
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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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