5 Elizabeth StreetCoburg VIC 3058
Property Details for 5 Elizabeth St, Coburg
Last Listing description (November 2025)
Seize the chance to own a highly sought-after commercial site in Coburg.
Currently operating as a car yard, this exceptional property spans approx. 529m² and boasts a 25.7m frontage along the thriving Coburg corridor.
Ideally positioned with seamless access to CityLink, Melbourne CBD, public transport, and the popular Lygon Street tram route, This is a prime location for various redevelopment ventures (STCA).
This site offers:
- Strategic location abutting lush riverside parkland, ideal for commercial or residential development.
- Strong tenant in place, offering income security while you plan your vision.
- Commercial 1 zoning, with significant flexibility for future projects.
Attractive, flexible settlement options to support your investment goals.
Don’t miss this unparalleled development potential in one of Coburg's prime locations!
Due diligence checklist – for home and residential property buyers – http://www.consumer.vic.gov.au/duediligencechecklist.
This document is prepared to assist solely in the marketing of this property. While all care is taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their enquiries to verify the information.
Property Code: 228
Property History for 5 Elizabeth St, Coburg, VIC 3058
- 25 Nov 2025Sold
- 11 Nov 2025Listed for Sale Expressions of Interest
- 01 Nov 2024Listed for Sale Expressions of Interest
Recent sales nearby
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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 15,017 properties. Over the last 5 years, Houses in Coburg have seen a 20.62% increase in median value, while Units have seen a 16.58% increase. As at 30 November 2025:
- The median value for Houses in Coburg is $1,285,068 while the median value for Units is $667,941.
- Houses have a median rent of $695 while Units have a median rent of $575.
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