OFF MARKET

28 Irene Avenue
Coburg North VIC 3058

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 127m2
Land area: 604m2
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Property Details for 28 Irene Ave, Coburg North

28 Irene Ave, Coburg North is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 604m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1960
Floor Size
127m2
Land Size
604m2
Local Government
Merri-Bek
Lot/Plan
85/LP10697

Last Listing description (October 2023)

Raphael Houston proudly presents...

Situated on a considerable 605 sqm (approx) parcel, its classic family character is accentuated by a parkside position within steps of Sanger Reserve trail, Harmony Park, and Coburg Velodrome.

Prefaced by deep front gardens, a double fronted facade reveals warm and welcoming interiors characterised by a central north-facing lounge; and everywhere emphasising its excellent dimensions & generous natural light.

A desirable layout comprises three bedrooms, a central bathroom, separate spaces for living & dining, and an undercover alfresco linking onto a deep rear yard. Further features include a lounge room A/C, external laundry, solid timber kitchen; and clear, level dimensions.

With boundless capacity to enliven, personalise, and transform into one of the area's most recognisable homes, a tremendous opportunity exists for developers to redesign the current envelope and transform this humble family estate into a multi-unit development site (subject to council approval). Underscoring this site is Industrial Zoning - Schedule 1, facilitating both residential and commercial manufacturing, storage, and logistical opportunities.

Surrounded by scattered parkland and walking distance to Coburg North Plaza, this family-friendly precinct suits a variety of lifestyle pursuits, with all decisions benefitting from walking distance to Merlynston station and local schools.

Highlights
605 sqm (approx) allotment
East-west orientation
Prized rear easterly aspects
Clear, level dimensions
Perfect to renovate or redevelop (STCA)
Solid timber kitchen
Generous dimensions
Deep front & rear yards
Art-deco ceilings
Walk to Merlynston station & Coburg North Plaza
Industrial Zoning - Schedule 1

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Property History for 28 Irene Ave, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$855,000
11 Aug 2023
Listed for Rent
$450/w
02 Aug 2021
  • 11 Aug 2023
    Sold for $855,000
  • 11 Jul 2023
    Listed for Sale SOLD
  • 02 Aug 2021
    Listed for Rent - Price not available
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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 5,166 properties. Over the last 5 years, Houses in Coburg North have seen a 24.31% increase in median value, while Units have seen a 16.38% increase. As at 31 October 2024:

  • The median value for Houses in Coburg North is $1,040,559 while the median value for Units is $692,586.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 20 properties listed for sale, and 18 properties listed for rent in Coburg north on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Coburg north.

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