OFF MARKET

2/1579 Burwood Highway
Tecoma VIC 3160

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 2038m2
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Property Details for 2/1579 Burwood Hwy, Tecoma

2/1579 Burwood Hwy, Tecoma is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 2038m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
Unit
Year Built
1990
Land Size
2038m2
Local Government
Yarra Ranges
Lot/Plan
2/SP35141

Last Listing description (January 2016)

- APPROX 48M2 OF MODERN OFFICE-SUITE SPACE. - SECURITY ALARM - AMPLE OFF STREET PARKING SPACES. - KITCHENETTE FACILITIES. - SHARED TOILET/BATHROOM FACILITIES - REVERSE CYCLE AIR-CONDITIONING & HEATING PLUS ADDITIONAL GAS WALL HEATER - GREAT LOCATION, WALKING DISTANCE TO BOTH BELGRAVE AND TECOMA OUTGOINGS ARE: COUNCIL RATES - $1420 PA APPROX. WATER RATES - $ 800 PA APPROX. INSURANCE (BODY CORPORATE) - $1254 PA IDEAL FOR ACCOUNTANT DESIGNER ARCHITECT LAWYER/CONVEYANCING LOCAL GOVERNMENT REPRESENTATIVE OR A SUCCESSFUL HOME BUSINESS WHICH HAS OUTGROWN THE HOME.

Property History for 2/1579 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$160,000
30 Jun 2011
Listed for Rent
$244/w
04 Jan 2016
  • 04 Jan 2016
    Listed for Rent $1,060 / month
  • 26 Aug 2015
    Listed for Rent - Price not available
  • 30 Jun 2015
    Listed for Rent $1,010 / month
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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.