FOR SALE
$1,650,000 - $1,815,000

11 De Chene Parade
Coburg North VIC 3058

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1093m2
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Amazing Parcel of Land Abutting Coburg Lake Reserve

With the delightful Coburg Lake & Merri Creek parklands as your neighbour, this original 3 bedroom weatherboard home is being offered for sale after more than 7 decades in the one family.
A truly unique opportunity to create your dream living environment only 11 kilometres from the Melbourne CBD.
With over 1,000 square metres of land (approximately) the possibilities to build a new family home, or substantial dual occupancy project or multi unit development (STCA) with parkland and Lake views is quite enticing.
The current run down with its large kitchen- dining living area, also allows for those brave enough to take on a major renovation & extension project (STCA).
This pocket of Coburg North is renowned for its vibrant community atmosphere and exceptional amenities. Enjoy leisurely strolls through nearby parks or take advantage of the excellent public transport options and bike paths that make commuting a breeze.
This is a rare opportunity to secure a property with immense potential in one of Melbourne's most sought-after areas.
Disclaimer:
MESSAGE TO BUYERS –
ALL properties are advertised at GENUINE PRICES. Please understand that there is often more than one buyer interested in the same property. When that happens, all buyers will be given EQUAL OPPORTUNITY TO MAKE THEIR BEST OFFERS, VIA A SEALED BID.
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Property Details for 11 De Chene Pde, Coburg North

11 De Chene Pde, Coburg North is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1093m2. The place is currently for sale with Lewis Realty Pty Ltd - COBURG.

Building Type
House
Land Size
1093m2

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About Coburg North 3058

The size of Coburg North is approximately 4.9 square kilometres. It has 20 parks covering nearly 18.4% of total area. The population of Coburg North in 2011 was 6,575 people. By 2016 the population was 7,615 showing a population growth of 15.8% in the area during that time. The predominant age group in Coburg North is 30-39 years. Households in Coburg North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg North work in a professional occupation. In 2011, 66.7% of the homes in Coburg North were owner-occupied compared with 66% in 2016.

Coburg North has 5,139 properties. Over the last 5 years, Houses in Coburg North have seen a 27.66% increase in median value, while Units have seen a 17.62% increase. As at 30 September 2024:

  • The median value for Houses in Coburg North is $1,030,434 while the median value for Units is $683,194.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 21 properties listed for sale, and 13 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 185 properties were sold in the past 12 months in Coburg north.

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Lewis Realty Pty Ltd - COBURG
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