4/1527 Burwood HighwayTecoma VIC 3160
Property Details for 4/1527 Burwood Hwy, Tecoma
Last Listing description (April 2016)
Nestled in a modern development is this unit of 80sqm approx. it is partitioned with a large reception/waiting area, two offices plus large kitchen/storeroom. Currently secured on two year lease that commenced on the 15th January 2015 with a current nett annual rental of $16,500 and 4% annual increases. There is also a provision for one 2 year and one 1 year options. There is plenty of car parking and it is well placed in the heart of Tecoma. Take action now and come and inspect, call John Katselas on 0411 110 997
Property History for 4/1527 Burwood Hwy, Tecoma, VIC 3160
- 03 Jan 2015Listed for Rent $15,600 / year
- 18 Oct 2014Listed for Rent - Price not available
- 02 Aug 2014Listed for Rent - Price not available
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0About 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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