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Sold on 15 Oct 2024 - Price Unavailable

83 Newlands Road
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 627m2
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Property Details for 83 Newlands Rd, Coburg North

Building Type
Land
Land Size
627m2
Local Government
Merri-Bek
Lot/Plan
2/LP42506

Last Listing description (October 2024)

This exceptional 627m2 parcel of land offers an unparalleled opportunity for those with a vision. Whether you're dreaming of building your dream home or seeking a prime redevelopment project, this site with approved plans and permits presents endless possibilities (STCA). The hard work has already been started for you. The site cut has been completed.

Ideally located within walking distance of local shopping, Coburg Lake, and the scenic Merri Creek parklands and trails, offering a coveted lifestyle.

You'll also benefit from close proximity to the Coburg Olympic Swimming Pool, esteemed Coburg Primary and Senior schools, and excellent transport options, including buses, trams, and Batman Station. With the vibrant cafes and specialty shops of Sydney Road just a short stroll away, seize this outstanding opportunity to build a refined home in a highly desirable location.

Property History for 83 Newlands Rd, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
15 Oct 2024
  • 15 Oct 2024
    Sold
  • 25 Jun 2024
    Listed for Sale Not Disclosed
  • 20 Sep 2023
    Listed for Sale Not Disclosed
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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.

Suburb Insights for Coburg North 3058

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Jamil Allouche
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Belinda Rabar
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Ray White Brunswick
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.