1 Merlyn Street, Coburg North, VIC 3058 | Property Value & History | OnTheHouse
 
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1 Merlyn Street
Coburg North VIC 3058

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 290m2
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Property Details for 1 Merlyn St, Coburg North

Building Type
Commercial
Year Built
2005
Land Size
290m2
Local Government
Merri-Bek
Lot/Plan
1G/PS530713

Last Listing description (July 2023)

Recently refurbished and representing the perfect investment opportunity, this immaculately presented shopfront is ready for new owners.

With a long term, secure tenant in place, on a 3x3x3 lease to a local neighbourhood cafe, this property enjoys perfect locale, just off Boundary Road, across from a park and Merlynston Train Station.

With a secure car space, plenty of street parking, storage and amenities this is a unique opportunity that will not disappoint.

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Property History for 1 Merlyn St, Coburg North, VIC 3058

A timeline of how this property has performed in the market
Last Sold
$340,000
01 Jul 2023
  • 01 Jul 2023
    Sold for $340,000
  • 30 May 2023
    Listed for Sale $350,000
  • 25 Jul 2005
    Sold for $242,000
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About Coburg North 3058

The size of Coburg North is approximately 4.9 square kilometres. It has 20 parks covering nearly 18.4% of 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 5,322 properties. Over the last 5 years, Houses in Coburg North have seen a 10.34% increase in median value, while Units have seen a 12.45% increase. As at 30 April 2026:

  • The median value for Houses in Coburg North is $1,055,399 while the median value for Units is $722,479.
  • Houses have a median rent of $655 while Units have a median rent of $600.
There are currently 18 properties listed for sale, and 13 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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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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