OFF MARKET

6/1579 Burwood Highway
Tecoma VIC 3160

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2038m2
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Property Details for 6/1579 Burwood Hwy, Tecoma

Building Type
Commercial
Land Size
2038m2
Local Government
Yarra Ranges
Lot/Plan
6/SP35141

Last Listing description (February 2019)

This unique property formerly held Food Class 2 Registration and would suit:
- Expanding cottage industry food producer moving out of their home kitchen
- Small professional business

- Accountant
- Allied health or brokers Graphic art and designers (STCA)
- 3 Reverse cycle air conditioners
- A gas wall furnace
- Alarm
- Bathroom/launderette
- 2 Rooms
- Walk to local shops & work close to home

Property History for 6/1579 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$335,000
22 Feb 2019
  • 22 Feb 2019
    Sold for $335,000
  • 21 Nov 2018
    Listed for Sale Not Disclosed
  • 29 May 2009
    Sold for $200,000
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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, 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.