SOLD
Sold on 01 Jan 2024 for $465,000

16-18 Gordon Avenue
Tecoma VIC 3160

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 1994m2
Sold By
Fletchers Olinda
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Property Details for 16-18 Gordon Ave, Tecoma

16-18 Gordon Ave, Tecoma is a 2 bedroom, 1 bathroom House. The property has a land size of 1994m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Tecoma in the last 12 months.

Building Type
House
Land Size
1994m2
Local Government
Yarra Ranges
Lot/Plan
15/LP11419

Last Listing description (January 2024)

Located on 1000m approx in a quiet, made road location, this 2 bed cottage has seen better days.
Perfect for the skilled renovator with an eye to adding value or the young tradie looking for an entry into the market, this home also offers a rebuild opportunity.

Sited within walking distance of Tecoma shops and station and with all services available, this sunny and accessible property is a 'must see' for buyers looking to invest in their future.

Property History for 16-18 Gordon Ave, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$465,000
01 Jan 2024
  • 04 Jan 2024
    Listed for Sale $450,000 - $495,000
  • 01 Jan 2024
    Sold for $465,000
  • 20 Nov 2021
    Sold for $638,000
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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, 45 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.