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.

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.

Houses for sale Coburg North

	UNIT 4, 85 NEWLANDS RD, COBURG NORTH, VIC, 3058	2	1	1	$560,000 - $616,000
	UNIT 7, 10 SNAPSHOT DR, COBURG NORTH, VIC, 3058	4	2	2	Auction $1,100,000 - $1,200,000
	44 JACKSON PDE, COBURG NORTH, VIC, 3058	3	1	2	Auction $1,100,000 - $1,200,000
	30 SPRY ST, COBURG NORTH, VIC, 3058	3	1	2	Auction $1,000,000 - $1,100,000
	12 ATHOL AV, COBURG NORTH, VIC, 3058	4	3	2	Private Sale $1,180,000
	55 SHORTS RD, COBURG NORTH, VIC, 3058	3	1	1	Private Sale $1,100,000
	UNIT 5, 848 SYDNEY RD, COBURG NORTH, VIC, 3058	2	1	1	480000
	15 NEWLANDS RD, COBURG NORTH, VIC, 3058	3	1	4	900000
	UNIT 4, 10 LORENSEN AV, COBURG NORTH, VIC, 3058	2	1	1	$500,000

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General Points of Interest

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