OFF MARKET

8 Francis Street
Tecoma VIC 3160

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 1284m2
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Property Details for 8 Francis St, Tecoma

8 Francis St, Tecoma is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1284m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1960
Floor Size
118m2
Land Size
1284m2
Local Government
Yarra Ranges
Lot/Plan
1/TP758645

Last Listing description (July 2020)

Situated in a sought-after pocket only steps from Tecoma and Belgrave townships, this charming home offers outstanding potential for first homebuyers and investors. An original, well-kept interior coupled with a generous allotment opens options for savvy buyers that can spot immense potential.

With a sprawling 1,248 sqm (approx.) blank canvas block with generous size shed/garage, there is plenty of space to work with. For first homebuyers or renovators, this charming residence is rich with original character and instant comfort. The lounge with large corner window and gas heater offers a nice flow to the open plan kitchen and dining area. With sliding doors to the lovely covered outdoor entertaining area, the floorplan offers a progressive indoor-outdoor design that is more relevant than ever.


For developers, this expansive block may be just the property you've been waiting for. With desirable school zoning and close proximity to public transport and shopping, this is an unparalleled opportunity to secure a sensational block for a new build (STCA).

With so much potential in prime position, this is the ideal place to start or supplement any property portfolio. Quick inspection is recommended.

- Incredible investment opportunity near transport, schools, and shops
- Original weatherboard home with period charm
- 1,248 sqm (approx.) blank canvas block
- Large garage and generous garden shed
Instantly comfortable while offering potential


Please note: All property details shown are correct at time of publishing. Some properties may have been sold in the preceding 24 hours and we recommend that you confirm the inspection times with the listing agent direct or the listing office.


PLEASE NOTE: All COVID-19 policies and practises will be enforced to keep our staff, Vendors and the general public safe.
For more information:
https://www.health.gov.au/sites/default/files/documents/2020/03/coronavirus-covid-19-what-you-need-to-know_5.pdf

Property History for 8 Francis St, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$640,000
19 May 2020
  • 19 May 2020
    Sold for $640,000
  • 01 May 2020
    Listed for Sale $570,000 - $610,000

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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 1,001 properties. Over the last 5 years, Houses in Tecoma have seen a 38.53% increase in median value, while Units have seen a 49.47% increase. As at 31 July 2024:

  • The median value for Houses in Tecoma is $879,383 while the median value for Units is $672,325.
  • Houses have a median rent of $425 while Units have a median rent of $350.
There are currently 6 properties listed for sale, and 1 property 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.