ARE Property (Melbourne)
melbourne inner city apartment
the avenue, coburg
information
COBURG
Coburg is a suburb in Melbourne, Victoria, Australia, 8km north of Melbourne's Central Business District, located within the Cities of Darebin and Merri-bek local government area.
Nestled within a sea of green, Coburg is surrounded by wide open parklands, bike trails and riverside reserve. Nature is only a stone's throw away from your doorstep when you live in Coburg.
Coburg is known for its diverse range of restaurants, cafes, and eateries, which offer an array of international cuisines. From Italian to Vietnamese, there is no storage of opinions when it comes to dining out at Coburg.
Coburg offers excellent public transportation options, as it served by several tram and bus routes, including the Route 19 tram line, which run through the heart of the suburb and connects to the CBD.
Coburg Lake Reserve
Coburg Olympic Swimming Pool
Coburg Farmers Market
Pentridge Coburg (Shopping Mall)
Coburg Property Market Insights
A more affordable entry into Coburg
With apartments priced at around $600,000 compared to a median house price of approximately $1.24 million, buyers can secure a home in the sought-after Coburg postcode for less than half the price of a traditional house, making apartment living an affordable pathway into Melbourne's vibrant inner north.
Strong Demand for 1 & 2 Bedroom Apartments
Demand for well-located 1 and 2 bedroom apartments remains strong, driven by young professionals, couples and downsizers. Current median rents sit at approximately $450/week for one-bedroom apartments and $575/week for two-bedroom apartments. Two-bedroom apartments remain especially popular, offering flexibility for shared living, working from home or future lifestyle changes.
Source: realestate.com.au
Culturally Diverse With A Rich Heritage
The redevelopment of Pentridge Prison has transformed into an urban village with luxury hotel, boutique shops, supermarket, cinema and trendy eateries. Preserves the historical architecture of Pentridge Prison while being integrated with modern amenities, providing a vibrant community space.
Blending of new and old creates a unique cultural atmosphere that attract more and more residents and tourists to live in Coburg.
Adina Apartment Hotel Pentridge Melbourne
Palace Cinemas
BrewGog Bar
Demographic
Total Population: At the time of the 2021 Census, Coburg had a population of 26,574, with a median age of 37 years old.
Occupation: The most common occupations for Coburg residents include Professional at 36.1%, Managers at 14%
Household type: Around 83.5% of Coburg resident are couple families, with a median weekly household income of $2,065.
Four things that make this rare
Government-built
Delivered by Development Victoria
No FIRB approval
Foreign buyers skip the FIRB process
Valuer-General priced
Pricing set by the Valuer-General
Only 34 homes - Banksia
Boutique Banksia building
Master Plan
Banksia - The best block on the plan
Facing the new public park
Ground Floor Retail
Between two prestige streets
Boutique scale — 34 homes
Multipurpose Room
Public Park
Courtyard
Trusted Team
Developer
State Government's Developer
Architect & Interiors
One of Australia's largest practices (est Year 1983)
Landscape & Planning
Builder
A 50-year practice shaping Melbourne's signature public spaces.
A leading national builder
Location
At the heart of Coburg is Sydney Road – a bustling retail strip with hip cafes mixed in with a melting pot of cultures and culinary options.
The suburb is home to several parks, including the popular Coburg Lake Reserve (32), which offers walking and cycling paths, barbeque facilities, gym equipment and stunning views of the city skyline.
Coburg offer a gateway to the picturesque Merri Creek Trail (37), a 21km walking and cycling trail passing through Coburg Lake Reserve. There is plenty of green space and an abundance of birdlife to take in.
Connectivity
🚃 Route 19 Tram - at the door
Direct to Melbourne Uni & Monash Parkville, and into the CBD for RMIT.
🚊 Moreland Station - 550m
Upfield line to Flinders Street in about 20 minutes.
🚲 Upfield Bike Path
A protected ride down to Royal Park, Parkville.
Recommended Units
One Bedroom Units
207
1 Bed, 1 Bath
Internal Size: 54m² (581sqft)
External Size: 9m² (97sqft)
Total Area: 63m² (678sqft)
Price: $589,900
CLICK LINK FOR INFORMATION
Floor Plan
Two Bedroom Units
102
2 Bed, 1 Bath
1 Carpark
Internal Size: 70m² (753sqft)
External Size: 10m² (108sqft)
Total Area: 80m² (861sqft)
Price: $849,900
CLICK LINK FOR INFORMATION
Floor Plan
Browse ARE Other Listings
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Whether you're just exploring the Australian property market or requiring more info on the property above, we can help.
Our team is more than happy to assist you with either questions about investment in Melbourne or Perth as a foreigner, financing options for foreigners, costs and income projections or finding a suitable home for your family. We encourage you to leave a message or contact us by clicking on the link below. One of our friendly staff will be in touch soon.