1 De Chene Parade, Coburg North, VIC 3058 | House for sale | OnTheHouse
 
FOR SALE
Auction - $850,000 - $900,000

1 De Chene Parade
Coburg North VIC 3058

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 676m2
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Auction Time
Sat 5 Sep 1:00 pm
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LAND (676 SQM) , LOCATION & EXCEPTIONAL DEVELOPMENT POTENTIAL MOMENTS FROM COBURG LAKE

Raphael Houston proudly presents...
Positioned only a few doors from Coburg Lake on a prized north-facing allotment, this tightly held property presents an outstanding opportunity for developers, builders, investors and landbankers seeking a substantial landholding in one of Coburg North's most highly regarded pockets.
Offering exciting flexibility for the future, the site presents a range of potential development outcomes, including the opportunity to explore two side-by-side homes, either double-storey or single-storey, or alternatively a three or four-unit development positioned along a shared driveway, all subject to council approval.
The flexibility of the site, combined with its orientation and highly sought-after location, makes this an increasingly rare opportunity for developers looking to deliver a quality residential project within walking distance of Coburg Lake.
The existing double-fronted residence has been beautifully maintained and offers three spacious bedrooms, multiple living and dining areas, polished timber floors and a substantial kitchen with adjoining meals area.
Comfortable and immediately liveable or rentable, the existing home provides the opportunity to generate rental income while plans and permits are explored, or alternatively offers owner-occupiers the flexibility to renovate, extend and create a substantial family home over time.
Outside, the deep backyard, established gardens, garage and extensive off-street parking further highlight the scale and flexibility of the landholding.
For developers and builders, the possibilities are exciting.
Explore the potential for two side-by-side residences, with either single or double-storey designs, or consider a more traditional three or four-unit development with a shared driveway configuration (STCA).
Alternatively, retain the existing residence, renovate or extend, or secure the property as a long-term landholding in a tightly held and increasingly difficult-to-replicate location.
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Property Details for 1 De Chene Pde, Coburg North

1 De Chene Pde, Coburg North is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 676m2. The place is currently for sale with Ray White Coburg.

Building Type
House
Land Size
676m2
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About Coburg North 3058

The size of Coburg North is approximately 4.9 square kilometres. There are 20 parks, covering nearly 18.4% of the total area. The population of Coburg North in 2016 was 7601 people. By 2021 the population was 8327 showing a population growth of 9.6% 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 2021, 66.90% of the homes in Coburg North were owner-occupied compared with 66.00% in 2016.

Coburg North has 5,360 properties. Over the last 5 years, Houses in Coburg North have seen a -2.14% decrease in median value, while Units have seen a 6.19% increase. As at 31 July 2026:

  • The median value for Houses in Coburg North is $1,019,671 while the median value for Units is $698,536.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 10 properties listed for rent in Coburg north on OnTheHouse. According to Cotality's data, 211 properties were sold in the past 12 months in Coburg north.

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Raphael Houston
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Haitham Ataish
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Ray White Coburg
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