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12 Mcmahons Road,
Coburg North VIC 3058

This property is Off Market

All about Coburg North Homes for sale in Coburg North

The Average property price in this area is $1,181,997, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 9.96 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Harcourts UNIT 4, 85 NEWLANDS RD, $560,000 - $616,000 2 Beds - 1 Baths - 1 Parking Within 0.1 km Nelson Alexander UNIT 44, 789 SYDNEY RD, Sold 2 Beds - 1 Baths - 1 Parking Within 0.8 km Nelson Alexander UNIT 2, 110 ELIZABETH ST, Auction $950,000 - $990,000 2 Beds - 1 Baths - 1 Parking Within 1.2 km Nelson Alexander UNIT 1, 26 CATHERINE ST, Sold 2 Beds - 1 Baths - 1 Parking Within 1.2 km Nelson Alexander UNIT 1, 25 TONKIN AV, Private Sale $695,000 1 Beds - 1 Baths - 1 Parking Within 1.9 km Ray White UNIT 1, 35 ROLLO ST, 740000 3 Beds - 2 Baths - 2 Parking Within 1.9 km Nelson Alexander 6 SHAW CT, EOI $1,480,000 - $1,600,000 1 Beds - 1 Baths - Parking Within 2.0 km

Recently Sold Properties in this Area

About Coburg North

With an average age of 39, households expect an average monthly mortgage payment of $2,037 or a weekly rent payment of $431. The average family earns a weekly income of $2,457 with a typical household size of 2.6 and a 96.68% employment rate.

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.

Public Transport

Stop 36: Rogers Street tram

Stop 37: Gaffney Street tram

Stop 38: Renown Street tram

Stop 38: Carr Street tram

Stop 39: Mercy College tram

Stop 40: Bakers Road tram

Stop 39: Mercy College train

Merlynston train

Batman

General Points of Interest

Action Indoor Sports Stadium schools

James Cook University monument

John F. Kennedy Memorial golf

Strathallan Golf Club shopping

The Hive

Temperance Fountain monument

Burke and Wills Memorial prison

Parkville Youth Justice Precinct shopping

Homemaker Centre

Milleara Shopping Centre

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 972 asthma sufferers and 405 people living with diabetes. In addition, 351 people have a heart/vascular condition and 704 people live with three or more chronic diseases.

A good place to invest in property?

Coburg North a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

60 / 100

52 / 100

Industry

14 / 100

17 / 100

Population

23 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

30 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Coburg High School Newlands Primary School
Australian International Academy of Education
Coburg, VIC, 3058 Independent Prep-12
Coburg Primary School
Coburg, VIC, 3058 State Prep-6
Reservoir West Primary School
Reservoir, VIC, 3073 State Prep-6

Property Story

12 Mcmahons Road, Coburg North, Vic, 3058 is a residential property with 2 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $1,265,000 while properties of this type typically sell for between $320,000 and $1,200,000 in this suburb. The estimated distance to the sea is 9.96km and at least 4.28KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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