Back 8/27 The Grove
Off Market

8/27 The Grove

Coburg VIC 3058

1
1
1
1602 m²
Unit
Last sold for $210,000
Iby RamaihiIby Ramaihi, last sold this property on 11 May 2025 after 17 days on market.

Overview

Premium Studio Apartment in the Heart of Coburg

Expressions of Interest closes Tuesday 27th May 5PM Iby Ramaihi proudly presents ... A fantastic opportunity for investors looking to solidify their portfolio, and an equally appealing prospect for young professionals looking to establish themselves in a sought-after postcode before moving on to something bigger, this single-room studio sits along one of Coburg's finest streets, situated in a much-loved corridor between Sydney Road and the Merri Creek. A versatile and simple layout comprising a single room includes enough space for living, dining, and entertaining, alongside a well-appointed kitchen appointed with stainless-steel appliances and stone benchtops. The property continues to impress with a large ensuite and plenty of natural light in every room. A fantastic investment decision and intelligent purchase for professionals and students alike, the property offers turnkey excellence in an area renowned for its amenity. Only steps from the door are the retail and lifestyle districts of Sydney Road, and in the other direction, the scenic waterside spaces of the Merri Creek. Highlights Prestigious blue-chip location Steps from Sydney Road Walk to the Merri Creek Quality studio apartment Excellent natural light Well-presented interiors Great investment addition Ideal low-maintenance layout Secure entry and parking All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
1602 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Coburg over the last 12 months, the estimated median property value of 8/27 The Grove is $378.75k.

Median value
$378.75k
Estimated value range
$65k - $490k
Median days on market
24
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Coburg. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8/27 The Grove

2025
Rented
Undisclosed
Leased on 22 Jul 2025 by Bow Residential
2025
Sold
$210,000
11 May 2025 by Iby Ramaihi, of Ray White Coburg
2022
Rented
Undisclosed
Leased on 07 Sep 2022 by Ray White Coburg

Happy sellers in Coburg

90%
90% of sellers in Coburg reported that their sale price either exceeded or met their price expectations.

Coburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 63 reviews in Coburg over the last 12 months.

Local market activity for 1 bedroom units in Coburg

In the last 12 months, 6 one-bedroom units similar to 8/27 The Grove, have been sold.

This represents a 25% decrease in one-bedroom units sales when compared to the previous 12 months.

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