Unit 1, 5 INDUSTRY LANE Coburg VIC 3058
This property is Off Market
- The Average property price in this area is $1,116,980, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 9.00 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Coburg
With an average age of 34, households expect an average monthly mortgage payment of $1,800 or a weekly rent payment of $391. The average family earns a weekly income of $2,434 with a typical household size of 1.7 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 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.
Public Transport
Stop 34: Bell Street
Stop 30: The Avenue
Stop 30: The Avenue
Stop 31: Reynard Street
Stop 31: Reynard Street
Stop 32: Munro Street
Stop 32: Harding Street
Stop 33: Munroe Street
Stop 33: Victoria Street
Stop 34: Bell Street
General Points of Interest
Hall's Taekwondo Centre
Green Acres Golf Club
Trinity College
Melbourne Cricket Ground
Pentridge Prison Main Gate
Olympia Gymnasium
YMCA Macleod Recreation and Fitness Centre
West Brunswick Tennis Club
Royal Park Tennis Club
Flemington Grandstand
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 3032 asthma sufferers and 1322 people living with diabetes. In addition, 1116 people have a heart/vascular condition and 2435 people live with three or more chronic diseases.A good place to invest in property?
Coburg 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
64 / 100
52 / 100
Industry
46 / 100
17 / 100
Population
71 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
66 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCoburg High School Coburg Primary School
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Mercy College
Coburg North, VIC, 3058 Independent 7-12 -
Newlands Primary School
Preston, VIC, 3072 State Prep-6 -
Coburg High School
Coburg, VIC, 3058 State 7-12 -
Coburg North Primary School
Coburg, VIC, 3058 State Prep-6 -
St Bernard's School
Coburg, VIC, 3058 Independent Prep-6 -
St Raphael's School
Preston West, VIC, 3072 Independent Prep-6 -
Coburg Special Developmental School
Coburg, VIC, 3058 State U -
Australian International Academy of Education
Coburg, VIC, 3058 Independent Prep-12 -
St Paul's School
Coburg, VIC, 3058 Independent Prep-6 -
Coburg Primary School
Coburg, VIC, 3058 State Prep-6
Property Story
Unit 1, 5 Industry Lane, Coburg, Vic, 3058 is a residential property . The estimated distance to the sea is 9km and at least 4.83KM 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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