170 The Avenue, Coburg, VIC 3058 | Land for sale | OnTheHouse
FOR SALE
$2,299,000

170 The Avenue
Coburg VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1845m2
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All The Hard Work Has Been Done, Building Permit Ready!

Boasting a first-class Coburg location central to numerous lifestyle amenities including Merri Creek trail/parklands and reserves is a land bank opportunity of approx. 1845m2 (approx.) It yearns for a buyer to take advantage of its fantastic offering. The current owner has undergone the time-consuming process of acquiring approved engineered plans and permits for the construction of 5 prestigious residences (with no contribution fees to the council). You could be a seasoned developer looking for your next project or group of owner occupiers looking for your next building project/investment. These two-storey high end residences feature designer elements with architectural flair. They all offer open plan living along with a combination of two, three or four bedrooms. Each have multiple bathrooms as well as multiple living zones. They also have decent sized courtyards along with single or double garages. Capping off this perfect find is its sought-after location, which enjoys excellent access to, schools, Sydney Road and Nicholson Street shopping/dining as well as local amenities.
* Plans and Permits approved for 5 luxurious dwellings.
* Engineering and working drawings are complete.
* Large parcel of land approx. 1845m2 (approx.)
* Blue-chip Coburg location, central to amenities.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 170 The Avenue, Coburg

Building Type
Land
Land Size
1845m2
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About Coburg 3058

The size of Coburg is approximately 7.0 square kilometres. There are 33 parks, covering nearly 7.4% of the total area. The population of Coburg in 2016 was 26185 people. By 2021 the population was 26574 showing a population growth of 1.5% 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 2021, 64.30% of the homes in Coburg were owner-occupied compared with 62.80% in 2016.

Coburg has 15,028 properties. Over the last 5 years, Houses in Coburg have seen a -5.36% decrease in median value, while Units have seen a -0.11% decrease. As at 31 July 2026:

  • The median value for Houses in Coburg is $1,204,104 while the median value for Units is $623,196.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 43 properties listed for sale, and 30 properties listed for rent in Coburg on OnTheHouse. According to Cotality's data, 622 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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Marc Romeo
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Frank Romeo
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Love Real Estate - Reservoir
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.