8/5 Industry Lane, Coburg, VIC 3058 | Property Value & History | OnTheHouse
OFF MARKET

8/5 Industry Lane
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 77552m2
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Property Details for 8/5 Industry Lane, Coburg

8/5 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 77552m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2005
Floor Size
88m2
Land Size
77552m2
Local Government
Merri-Bek
Lot/Plan
536/PS501198

Last Listing description (July 2023)

In the heart of Pentridge with Ritchie's IGA and Palace Cinema around the corner, this double-storey townhouse delivers an exceptional low-maintenance lifestyle thanks to its generous dimensions, quality inclusions and secure surrounds.

Ideal for professionals and investors alike, the home's light-filled interior comprises two bedrooms (larger master with WIR) both complemented by a large two-way central bathroom and additional powder room (second WC). Adaptable to suit your needs, the open-plan living/meals area is further enhanced by a well-appointed kitchen with quality cooking appliances (including induction cooktop) and Bosch dishwasher. Hints of exposed brickwork allude to it industrial past, along with more contemporary features such as newly installed split-system heating/cooling (both levels) for year-round comfort, stylish engineered timber flooring and European laundry with trough. Backing onto one of Pentridge's original bluestone walls, the secluded rear courtyard comes with two integrated bench seats, plus a front balcony (from the master bedroom), secure entry, undercover parking space and storage cage.

Also walking distance to Sydney Road trams, Merri Creek trails and the open spaces of Coburg Lake Reserve, as well as easy access to local schools and kinder/childcare facilities, Coburg Station and the area's renowned retail precinct.

Property History for 8/5 Industry Lane, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$695,000
14 Jul 2023
Listed for Rent
$400/w
07 May 2014
  • 14 Jul 2023
    Sold for $695,000
  • 03 Jul 2023
    Listed for Sale Under Offer
  • 17 Apr 2014
    Listed for Rent $400 / week
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About Coburg 3058

The size of Coburg is approximately 7.0 square kilometres. It has 33 parks covering nearly 7.4% of total area. The population of Coburg in 2016 was 26185 people. By 2021 the population was 26574 showing a population growth of 1.5% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation.In 2021, 64.30% of the homes in Coburg were owner-occupied compared with 62.80% in 2016.

Coburg has 14,976 properties. Over the last 5 years, Houses in Coburg have seen a 11.18% increase in median value, while Units have seen a 9.55% increase. As at 30 April 2026:

  • The median value for Houses in Coburg is $1,307,687 while the median value for Units is $639,625.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 64 properties listed for sale, and 23 properties listed for rent in Coburg on OnTheHouse. According to Cotality's data, 620 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.