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Coburg North
VIC, 3058 - Moreland

Thinking about buying in Coburg North? Now could not be a better time, with 5759 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,183,000 with prices in this suburb ranging from $302,000 to $9,730,000. Coburg North is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $408.07
Median Monthly Mortgage $2166.57
Median Persons Per Bedroom 0.89
Average Household Size 2.71
Average Age 37.29
Average Income $905.36
Average Cars Per Dwelling 1.53
Average Properties Within 50M 18

Housing Stock

Average Property Prices

1 Bed  $892,000
2 Bed  $943,000
3 Bed  $1,290,000
4 Bed  $1,577,000
5 Bed  $1,545,000
6 Bed+$1,648,000

Coburg North Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Coburg North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Coburg North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Coburg North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Coburg North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coburg North a better buying opportunity than it may have been in the past.

Coburg North is a suburb in central Melbourne, Victoria, within the City of Moreland Local Government Area. A reasonably sized suburb with a population of well over 7,000, North Coburg is found (appropriately) north of the municipality of Coburg. A post office known as Coburg North opened on the site in 1857, kickstarting growth in the region. Primarily residential with small industrial areas, the municipality is home to a number of creeks, lakes and parks, and is also home to 2 commercial strips (Sydney Road and Merlynston).

Located just 11 kilometres from Melbourne’s Central Business District, Coburg North is well-serviced and has excellent amenities, including a number of schools, inlcuding primary (Coburg North Primary School) and high schools (such as Mercy College). The suburb is serviced by two train stations, Merlynston and Batman, as well as a tram route which runs via it. These amenities, coupled with the municipality’s location and the beautiful green spaces that occupy much of the suburb, make it an ideal place for those who perhaps have jobs in the city but do not wish to live in its hustle and bustle.

Houses for sale Coburg North

Harcourts UNIT 4, 85 NEWLANDS RD, COBURG NORTH, VIC, 3058 Beds2 Bathrooms1 Parking 1 $560,000 - $616,000
Harcourts 21 MATHIESON ST, COBURG NORTH, VIC, 3058 Beds2 Bathrooms1 Parking 1 $880,000 - $950,000
Nelson Alexander UNIT 3, 16 ANZAC AV, COBURG NORTH, VIC, 3058 Beds3 Bathrooms2 Parking 1 Auction $630,000 - $690,000
Nelson Alexander UNIT 17, 20 DELTA AV, COBURG NORTH, VIC, 3058 Beds3 Bathrooms1 Auction $1,200,000 - $1,280,000
Nelson Alexander 229 ELIZABETH ST, COBURG NORTH, VIC, 3058 Beds6 Bathrooms3 Private Sale $950,000
Nelson Alexander UNIT 1, 6 MANLY CT, COBURG NORTH, VIC, 3058 Beds3 Bathrooms2 Parking 2 $550pw / $2390pcm
Ray White 48 RODNEY AV, COBURG NORTH, VIC, 3058 Beds3 Bathrooms1 Parking 2 720000
Ray White 3 ANZAC AV, COBURG NORTH, VIC, 3058 Beds4 Bathrooms1 Parking 3 1200000
Ray White 777 SYDNEY RD, COBURG NORTH, VIC, 3058 Beds4 Bathrooms2 Parking 4 1000000
Ray White 28 RONALD ST, COBURG NORTH, VIC, 3058 Beds4 Bathrooms2 Parking 2 1150000
Woodards 4 ALBERT ST, COBURG NORTH, VIC, 3058 Beds5 Bathrooms3 Parking 3 $1,400,000 - $1,500,000
Woodards UNIT 3, 10 IDA ST, COBURG NORTH, VIC, 3058 Beds2 Bathrooms1 Parking 1 $625,000
Woodards 83 NEWLANDS RD, COBURG NORTH, VIC, 3058 Beds3 Bathrooms3 $1,200,000

Local Schools

Mercy College

Coburg Special Developmental School

Newlands Primary School

Australian International Academy of Education

St Mark's School

Coburg North Primary School

Fawkner Primary School

Reservoir West Primary School

St Paul's School

Coburg High School

(While the above schools are located with the suburb of Coburg North there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Coburg North weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.315.027.739.086.35.324.8
Feb1.315.126.942.389.04.920.6
Mar1.213.724.843.588.74.616.0
Apr1.610.921.148.291.34.311.7
May1.48.617.156.692.24.78.5
Jun1.46.514.464.194.34.37.4
Jul1.26.514.061.692.95.27.7
Aug1.46.714.954.892.05.410.2
Sept1.78.117.947.790.75.414.4
Oct1.69.520.744.590.75.319.0
Nov2.311.523.143.990.35.121.4
Dec1.813.225.641.088.35.124.8

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CoburgHadfieldFawknerPascoe ValePascoe Vale SouthReservoirPrestonBrunswickGlenroyStrathmore

Public Transport


General Points of Interest

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