FOR SALE
$299,000

43/36 Norfolk Court
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 85m2
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ENTRY LEVEL OPPORTUNITY - IDEAL FOR TRADES PEOPLE/HOBBYISTS/STORAGE

- Ray White Preston are pleased to offer this excellent entry level owner occupier or investment opportunity
- Ground level building area of 55 sqm*
- Mezzanine storage/office area of 30 sqm*
- Includes the alarm and security system
- Car space on title
- Zoned Industrial One
- Communal toilet facilities
- Roller shutter door access
Located off Newlands Rd this factory/warehouse/storage unit would suit tradies, hobbyists and storage (STCA)
* Approximate
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Property Details for 43/36 Norfolk Ct, Coburg North

Building Type
Commercial
Floor Size
85m2

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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 5,138 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 14 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Coburg north.

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John Kalpakis
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Mitch Kalpakis
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Ray White Preston
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