16/5 Industry Lane, Coburg, VIC 3058 sold on 01 June 2025 | OnTheHouse
SOLD
Sold on 01 Jun 2025 for $630,000

16/5 Industry Lane
Coburg VIC 3058

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 77552m2
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Property Details for 16/5 Industry Lane, Coburg

16/5 Industry Lane, Coburg is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 77552m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Townhouse sold in Coburg in the last 12 months.

Building Type
Townhouse
Year Built
2008
Floor Size
86m2
Land Size
77552m2
Local Government
Merri-Bek
Lot/Plan
544/PS501198

Last Listing description (September 2025)

Nestled in the iconic Pentridge Village developmentonce the site of HM Pentridge Prisonthis stylish, low-maintenance townhouse offers a rare opportunity to secure contemporary living within one of Melbournes most unique heritage settings.Spread over two thoughtfully designed levels, with recent renovations, this residence is ideal for professionals, first-home buyers, downsizers, or investors looking to secure a solid foothold in this tightly held Coburg pocket.The ground floor flows effortlessly from the well-appointed kitchen to spacious dining and living zones, extending out to a private courtyardideal for entertaining or relaxing in the sun. As there is no through traffic, there is a real community and neighbourhood feel.Upstairs, you'll find two generous bedrooms with built-in robes, including a main bedroom with its own private outdoor terrace and semi-ensuite access to the central bathroom.A smartly designed Euro-style laundry sits discreetly on the upper level, while a separate powder room downstairs adds further functionality.A secure, undercover car space with easy internal access, and extra storage under the stairs and a storage cage.Just moments from your doorstep lies the Pentridge Piazza, an exciting lifestyle destination offering a vibrant mix of cafs, restaurants, artisan retailers, and the Palace Cinemas, all within the restored bluestone surrounds of the old prison grounds and green, open space for sitting and relaxing.Enjoy your morning coffee from a local roastery, catch the latest film without ever leaving your neighbourhood, or enjoy a leisurely stroll through the many open green spaces that surround the estate.Outdoor enthusiasts and families will love the easy access to Merri Creek Trail, ideal for walking, jogging, or cycling through scenic parklands that connect you to Melbournes broader trail network. The area also boasts an abundance of lush reserves, including Coburg Lake Reserve, with picnic areas and playgrounds for all to enjoy.Add to that the convenience of Sydney Roads bustling retail precinct, trams, Coburg Station, schools, and local services all within easy reach, and youve got the perfect balance of inner-city amenity and village-style living.Whether you're drawn to the historical significance, the walkable lifestyle, or the smartly designed modern living, this home represents an outstanding opportunity to be part of a community that blends heritage and progress in equal measure

Property History for 16/5 Industry Lane, Coburg, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$630,000
01 Jun 2025
Listed for Rent
$430/w
18 May 2021
  • 01 Jun 2025
    Sold for $630,000
  • 01 May 2025
    Listed for Sale UNDER CONTRACT
  • 29 Apr 2021
    Listed for Rent $430 / week
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About Coburg 3058

The size of Coburg is approximately 7.0 square kilometres. It has 33 parks covering nearly 7.4% of 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 15,012 properties. Over the last 5 years, Houses in Coburg have seen a 20.31% increase in median value, while Units have seen a 11.71% increase. As at 31 January 2026:

  • The median value for Houses in Coburg is $1,295,823 while the median value for Units is $646,191.
  • Houses have a median rent of $700 while Units have a median rent of $575.
There are currently 46 properties listed for sale, and 21 properties listed for rent in Coburg on OnTheHouse. According to Cotality's data, 632 properties were sold in the past 12 months in Coburg.

Suburb Insights for Coburg 3058

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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.