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Coburg
VIC, 3058 - Moreland

Thinking about buying in Coburg? Now could not be a better time, with 15459 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,227,000 with prices in this suburb ranging from $235,000 to $4,725,000. Coburg is located fairly close to the coast at just 6Km 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 $421.91
Median Monthly Mortgage $2249.20
Median Persons Per Bedroom 0.90
Average Household Size 2.63
Average Age 38.03
Average Income $884.11
Average Cars Per Dwelling 1.47
Average Properties Within 50M 43

Housing Stock

Average Property Prices

1 Bed  $629,000
2 Bed  $1,010,000
3 Bed  $1,574,000
4 Bed  $1,837,000
5 Bed  $2,074,000
6 Bed+$1,744,000

Coburg 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 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. The high percentage of professional people in Coburg classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Coburg requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Coburg

Nelson Alexander unit 106, 146 bell st, coburg, vic, 3058 Beds1 Bathrooms1 Parking 1 Private Sale $460,000
Nelson Alexander unit 1, 204 bell st, coburg, vic, 3058 Beds2 Bathrooms2 Parking 1 Private Sale $1,140,000
Nelson Alexander 169 munro st, coburg, vic, 3058 Beds2 Bathrooms2 Parking 1 Private Sale $1,310,000
Nelson Alexander unit 208, 14 bell st, coburg, vic, 3058 Beds2 Bathrooms1 Parking 1 Contact Agent
Ray White 76 soudan st, coburg, vic, 3058 Beds4 Bathrooms3 Parking 2 1695000
Ray White 135 ohea st, coburg, vic, 3058 Beds2 Bathrooms1 Parking 1 1025000
Ray White 130 munro st, coburg, vic, 3058 Beds4 Bathrooms1 Parking 2 1150000
Ray White unit 5, 40 hudson st, coburg, vic, 3058 Beds2 Bathrooms1 Parking 1 485000
Ray White unit 6, 41 harding st, coburg, vic, 3058 Beds1 Bathrooms1 Parking 1 379000
Ray White unit 202c, building c, 1 manna gum ct, coburg, vic, 3058 Beds1 Bathrooms1 Parking 1 360000
Ray White unit 205, 4 moonering dr, coburg, vic, 3058 Beds2 Bathrooms2 Parking 1 500000
Ray White 19 darlington gr, coburg, vic, 3058 Beds4 Bathrooms1 Parking 4 1380000
Ray White 170 the avenue, coburg, vic, 3058 Beds0 Bathrooms0 Parking 1 2300000
Woodards unit 1, 9 florence st, coburg, vic, 3058 Beds4 Bathrooms2 Parking 2 $1,400,000
Woodards 234 reynard st, coburg, vic, 3058 Beds5 Bathrooms3 Parking 2 $1,600,000
Woodards 24 loch st, coburg, vic, 3058 Beds3 Bathrooms1 Parking 2 $1,050,000 - $1,150,000
Woodards 173 urquhart st, coburg, vic, 3058 Beds3 Bathrooms2 Parking 2 $950,000 - $1,000,000
Woodards unit 236, 14-20 nicholson st, coburg, vic, 3058 Beds1 Bathrooms1 $249,000
Woodards 1 queen st, coburg, vic, 3058 Beds3 Bathrooms2 Parking 1 $1,080 000
Woodards unit 1, 5 industry lane, coburg, vic, 3058 Beds2 Bathrooms1 Parking 1 $639,000

Local Schools

Coburg West Primary School

Moreland Primary School

Coburg Primary School

Coburg High School

Coburg North Primary School

Coburg Special Developmental School

St Paul's School

St Fidelis' School

St Bernard's School

Australian International Academy of Education

(While the above schools are located with the suburb of Coburg 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 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

Coburg NorthPascoe Vale SouthBrunswickBrunswick WestBrunswick EastPascoe ValePrestonThornburyHadfieldPrinces Hill

Public Transport


General Points of Interest

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