1/1569 Burwood Highway, Tecoma, VIC 3160 | Property Value & History | OnTheHouse
 
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1/1569 Burwood Highway
Tecoma VIC 3160

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 70m2
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Property Details for 1/1569 Burwood Hwy, Tecoma

Building Type
Commercial
Land Size
70m2
Local Government
Yarra Ranges
Lot/Plan
1/PS309284

Last Listing description (October 2024)

Investment opportunity!
Main Road access in thriving suburb!

OBrien Real Estate Tecoma is pleased to offer 1/1569 Burwood Hwy, Tecoma to the market for sale.

Excellent opportunity to purchase this well-located premise. This shop which is 71m2 appx in size is currently leased at annual rental of $18,040 per annum plus outgoings. This site offers both investors and own occupiers the opportunity to either invest or occupier at end of lease term.

Attributes of the property include:
Commercial 1 Zone (C1Z)
Currently set up as an open work space but lends itself to many other options i.e. consulting rooms, an expanding home business etc.
Open plan design with high ceilings creating a feeling of space & adding natural light
Kitchenette
New Hot water service
Separate toilet
Split system heat/cooling plus ceiling fans
Alarm
Landscaped common areas
Onsite parking available
Walking distance to both Tecoma & Belgrave Train Stations + local shops

Contact us today to make a time to view and secure this brilliant opportunity!

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Property History for 1/1569 Burwood Hwy, Tecoma, VIC 3160

A timeline of how this property has performed in the market
Last Sold
$365,000
17 May 2024
Listed for Rent
$3.99k/w
01 Nov 2021
  • 17 May 2024
    Sold for $365,000
  • 02 May 2024
    Listed for Sale $365,000 to $400,000
  • 20 Oct 2021
    Listed for Rent $17,340 / month
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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 2016 was 2082 people. By 2021 the population was 2064 showing a population decline of 0.9% in the area during that time. The predominant age group in Tecoma is 50-59 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 2021, 81.90% of the homes in Tecoma were owner-occupied compared with 79.60% in 2016.

Tecoma has 1,006 properties. Over the last 5 years, Houses in Tecoma have seen a 26.63% increase in median value, while Units have seen a 28.91% increase. As at 30 November 2025:

  • The median value for Houses in Tecoma is $940,323 while the median value for Units is $650,463.
  • Houses have a median rent of $425 while Units have a median rent of $340.
There are currently 10 properties listed for sale, and no properties listed for rent in Tecoma on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in Tecoma.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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