5/28 Lorensen Avenue

Coburg North VIC 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 5,156 properties. Over the last 5 years, Houses in Coburg North have seen a 33.58% increase in median value, while Units have seen a 16.74% increase. As at 31 July 2024:

• The median value for Houses in Coburg North is $1,046,447 while the median value for Units is $685,020.
• Houses have a median rent of $600 while Units have a median rent of $550.