2/1 Musgrave Cres, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1064m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Located close to the Nightcliff Shopping Centre and a short 10 minute drive into the city, this is the perfect place for someone looking for a convenient location on a budget. This property has seen some nice upgrades with an updated kitchen and some large polished floor tiles throughout. This property would suit a first home buyer on 1 income or an investor looking to capitalise on the location.Features include:* Updated Kitchen* Updated Tiles through out* External Laundry* Easy Access to Dick Ward Drive* Park where you likeDon�t forget, first home owners may qualify for the $10,000 home renovation grant and stamp duty rebate. This property will be snapped up so don�t delay, make your appointment for an inspection today.
The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2016 was 3050 people. By 2021 the population was 2892 showing a population decline of 5.2% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation.In 2021, 36.30% of the homes in Coconut Grove were owner-occupied compared with 37.40% in 2016.
Coconut Grove has 1,865 properties. Over the last 5 years, Houses in Coconut Grove have seen a 42.46% increase in median value, while Units have seen a 43.79% increase. As at 30 November 2025:
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