OFF MARKET

5/1563-1565 Burwood Highway
Tecoma VIC 3160

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 176m2
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Property Details for 5/1563-1565 Burwood Hwy, Tecoma

Building Type
Commercial
Land Size
176m2
Local Government
Yarra Ranges
Lot/Plan
5/PS547493

Last Listing description (May 2016)

Ensure maximum exposure for your next business or retail venture from this huge shop (approx 220m2) offering absolute Burwood highway frontage and situated on the sought after and popular Tecoma strip guaranteeing regular and constant passing trade and traffic!
This is your best opportunity to secure the prime location and space for your office, retail or commercial venture.
Featuring floor to ceiling window space, alarm system, split system, floating floors, separate storage area with shelving and secure remote control garage plus plenty of parking at rear.

Flexible and generous lease terms available with options.
$2300 per calendar month
Available immediately.

Property History for 5/1563-1565 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Transferred
10 Jun 2015
Listed for Rent
$529/w
11 May 2016
  • 25 Nov 2015
    Listed for Rent - Price not available
  • 10 Jun 2015
    Transferred

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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.