313/146 Bell St, Coburg is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 62m2 and floor size of 47m2.This Property is currently listed for sale with Harcourts Coburg
Positioned in a well-maintained modern complex, this stylish one bedroom apartment presents an exceptional opportunity for first home buyers and investors seeking strong returns and long-term growth in a proven inner north location.
Currently leased on a month-to-month basis at $2,086 per calendar month, the property offers immediate income with flexibility, delivering an attractive gross rental yield of approximately 6.7% based on a $370,000 purchase.
Internally, the apartment is designed for low maintenance, practical living, featuring a well-appointed kitchen with quality appliances, open plan living and dining zone, and seamless access to a private balcony with elevated outlooks. The bedroom is generously proportioned and fitted with mirrored built-in robes, serviced by a sleek and modern bathroom.
This is an ideal acquisition for investors seeking a set-and-forget asset with strong rental demand, or first home buyers looking to secure an affordable entry point with the option to occupy in the future.
Strategically located within immediate proximity to Coburg Train Station, the number 19 tram, and the vibrant Sydney Road precinct, the property is surrounded by cafes, restaurants, retail and essential amenities. With direct connectivity to the CBD and ongoing area growth, the location continues to underpin both rental performance and capital appreciation.
Key features include
One spacious bedroom with built-in robes
Open plan living and dining area
Modern kitchen featuring integrated dishwasher and fridge-freezer
Private balcony with elevated views
Contemporary bathroom
Secure car park and private storage unit
Currently tenanted on a month-to-month basis
Approximate rental return of $2,086 per month
A compelling opportunity to secure a high-performing asset or enter the market in a location that continues to thrive.
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 14,978 properties. Over the last 5 years, Houses in Coburg have seen a 11.18% increase in median value, while Units have seen a 9.55% increase. As at 30 April 2026:
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