Coburg at a glance
29,470
People
$1,153,000
Median sale
$582/wk
Median rent
2.62%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
$1,320,000
Last sold
21 Feb 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,320,000
21 Feb 2022 · derived via latest_sale
Coburg at a glance
29,470
People
$1,153,000
Median sale
$582/wk
Median rent
2.62%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Coburg
+14.5%
Median sale
Suburb $1,153,000
-0.33 pp
Gross yield
Suburb 2.62%
Suburb median $1,153,000 from 9 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
ACTIVITY CENTRE ZONE - SCHEDULE 1
ACZ1
Jurisdiction
Merri-bek
Merri-bek, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned ACTIVITY CENTRE ZONE - SCHEDULE 1 · ACZ1 (ZN). Official parcel area about 373 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; BUILT FORM OVERLAY - SCHEDULE 2; PARKING OVERLAY - PRECINCT 1; SPECIAL BUILDING OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $582/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned ACTIVITY CENTRE ZONE - SCHEDULE 1 · ACZ1 (ZN). Official parcel area about 373 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; BUILT FORM OVERLAY - SCHEDULE 2; PARKING OVERLAY - PRECINCT 1; SPECIAL BUILDING OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Coburg at a glance
29,470
People
$1,153,000
Median sale
$582/wk
Median rent
2.62%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards NorthcoteFrom generous open-plan living spaces, to secluded retreats, this three-bedroom family home in Coburg’s heart ticks all the important comfort and convenience boxes home buyers desire.
The kitchen dishes up a series of stone benchtops and stainless steel appliances (including luxe six-burner cooktop), as well as butler’s pantry and breakfast bar, all of which is conveniently positioned between the living and dining domains – including an additional lounge area at the front of the home – making for seamless serving and easy movement between spaces.
Each of these rooms also affords you the opportunity to take the party outdoors via panoramic glass sliding doors to a cosy shaded patio, perfect for entertaining year-round. From here, a neat path leads you down the side of the house to an equally snug and low-maintenance garden patch and washing line, both accessible from the laundry and remote-controlled two-car garage with ROW, mezzanine (removable) and internal entry.
Of the three bedrooms, two bedrooms include built-in robes and are serviced by a large bathroom with tub, shower and toilet; alternatively the master bedroom features plenty of room and includes a sparkling ensuite and built-in robe. Here you’re directly across the hall from that additional lounge, allowing you to enjoy a night watching a movie here while the kids hang out in the main living room.
Comfort-securing touches throughout include evaporative cooling and ducting heating, ducted vacuum and video intercom.
Here you’re an easy walk to Coburg Station, which’ll zip you to and from the city in as little as 25 minutes, as well as Sydney Road’s plethora of shops, cafes, bars and restaurants. There’s plenty of family friendly options to be enjoyed, too, including the weekly Coburg Farmers Market, the new Pentridge Precinct, Coburg Lake Reserve and the Merri Creek Trail and a variety of primary and secondary schools to choose from.
Listing description written by Mario Butera, Woodards Northcote — reproduced as published, not verified by Districts.