With absolute Merri Creek frontage along the rear boundary of a massive block of land measuring approximately 1119sqm and views of De Chene Reserve, this potential-packed property offers outstanding multi-unit development opportunities (subject to council approval). Alternatively, build the luxury family home of your dreams and enjoy the incredible lifestyle options the immediate locale has on offer. With easy access to the heart of Coburg?s cosmopolitan retail and dining scene, buses at the door and trams just a stroll away, the location is something special. Adding further appeal is its proximity to Pentridge shops, caf?s and cinema, trains, Coburg High School, Coburg Primary, Antonine College and St Bernard?s Primary. As well as breathtaking Merri Creek Trail, Coburg Olympic Pool, Coburg Lake, playgrounds and sporting clubs. A unique waterfront setting matched by superb land proportions in a sought after parkland pocket so close to the CBD, this is a once-in-a-lifetime opportunity.
The size of Coburg is approximately 7 square kilometres. It has 33 parks covering nearly 7.4% of total area. The population of Coburg in 2011 was 24,976 people. By 2016 the population was 26,172 showing a population growth of 4.8% in the area during that time. The predominant age group in Coburg is 30-39 years. Households in Coburg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coburg work in a professional occupation. In 2011, 65.8% of the homes in Coburg were owner-occupied compared with 62.8% in 2016.
Coburg has 14,520 properties. Over the last 5 years, Houses in Coburg have seen a 23.06% increase in median value, while Units have seen a 12.70% increase. As at 31 October 2024:
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