541 Sydney RoadCoburg VIC 3058
Property Details for 541 Sydney Rd, Coburg
Last Listing description (March 2017)
Savills, on behalf of Places Victoria, is pleased to offer the opportunity to purchase this large development site, ideally located within one of Melbourne's key growth locations. 541 Sydney Road offers tremendous development potential, and the site is situated within the recently rezoned precinct of Coburg. The site and its surrounds has been rezoned to an Activity Centre Zone, allowing for intensive mixed-use development which will further transform the area.
The key attributes of this property include:
- Large landholding of 1,925sq m (approx.)
- Recently rezoned to Activity Centre Zone, with a preferred height limit of 36m (approximately 12 levels)
- Superb location within the Sydney Road retail precinct in close proximity to full-line Coles and Woolworths Supermarkets
- Well-serviced by extensive public transport options including Coburg Train Station and Sydney Road trams
- Highly active apartment location with many surrounding projects planned and under construction
- Strategic position within Melbourne s booming inner northern suburbs!
541 Sydney Road, Coburg is For Sale by Expressions of Interest.
Julian Heatherich 0412 995 655
Jesse Radisich 0402 085 702
James Lockwood 0402 824 441
Property History for 541 Sydney Rd, Coburg, VIC 3058
- 06 Feb 2019Listed for Sale EXPRESSIONS OF INTEREST
- 22 Jan 2016Listed for Sale Not Disclosed
- 12 Sep 2012Sold for $1,585,000
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 15,011 properties. Over the last 5 years, Houses in Coburg have seen a 15.81% increase in median value, while Units have seen a 10.82% increase. As at 31 March 2026:
- The median value for Houses in Coburg is $1,338,371 while the median value for Units is $644,004.
- Houses have a median rent of $750 while Units have a median rent of $590.
Suburb Insights for Coburg 3058
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