Coburg North
3058 VIC
Coburg North, VIC 3058, is a vibrant suburb with a diverse demographic mix. The population is growing steadily, skewed towards younger age groups predominantly between 20 to 44 years. Residents enjoy good transport infrastructure, with many opting to commute by train or car. The suburb has a high WFH percentage, indicating flexibility in work arrangements.
For houses, Coburg North presents an opportunity for renovators given its high saleprice IQR ratio. Homeowners may find potential in upgrading properties. For units, the suburb offers good rental yields with a lower vacancy rate, making it attractive for property investors seeking a steady rental income.
Coburg North, VIC 3058, is a dynamic suburb with a growing population and a range of housing options. Homebuyers looking to renovate could find value in the house market, while property investors may benefit from the strong rental yields in the unit market.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Coburg North houses.
Median Price
$1.040M
# Sales
103
12M Growth
5.6%
10Y Ave Growth
4.4%
Why Buyers Look Here
Owner occupier appeal — 67% owner-occupied — strong community stability and pride of ownership.
Proven growth — 4.4% average annual growth over 10 years.
Tight supply — Only 0.8% of stock on market — limited turnover supports price growth.
Capital Growth
Pricing and long-term growth profile for Coburg North houses.
Median Price
$1.040M
# Sales
103
12M Growth
5.6%
10Y Ave Growth
4.4%
Rental Market
Yield, rental pricing and vacancy performance for Coburg North houses.
Weekly Rent
$700
Rental Yield
3.5%
Vacancy Rate
1.1%
Rentals Last 12M
93
Supply & Demand
Stock levels, days on market and selling conditions for Coburg North.
Stock on Market
0.8%
Days on Market
26
Building Approvals
0.4%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Coburg North.
Population
8,327
Owner Occupiers
67%
Median Income
$103k
IRSAD Rank
80
