106 Gaffney St, Coburg North is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 522m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Coburg North in the last 12 months.
Raphael Houston proudly presents...
Occupying a substantial 522sqm allotment approximately within a commercially zoned precinct, this Coburg North property presents a rare opportunity where land value, flexibility and future potential align within one of the inner north's evolving urban corridors.
Positioned on a broad site with right of way access, the property offers immediate appeal for buyers seeking long term investment, commercial redevelopment or adaptive reuse potential.
The existing residence provides scope for renovation or continued occupation, while the commercial zoning introduces the possibility for future office, warehouse or factory redevelopment, subject to relevant approvals. Importantly, any future rebuild would require a commercial outcome rather than new residential construction, reinforcing the site's strategic long term positioning within the precinct.
Surrounded by ongoing public and private investment, the site occupies a position where industrial character, residential growth and infrastructure expansion continue to reshape the surrounding landscape.
Its unique location on the cusp of Gaffney Street shops is ideal for commercial and residential use, further improved by close proximity to Sydney Road, Bell Street and the M2. Excellent local connections place Coburg Station, Coburg Lake, Harmony Park and the leisure centre within moments of the door.
Highlights :
522sqm approximately
Commercial zoning
Potential for future office or factory redevelopment
Existing residence with renovation potential
Rear right of way access
Broad site dimensions
Extensive hardstand and open areas
Multiple access points throughout the property
Separate bungalow or studio structure
Workshop and storage space at rear
Positioned within a transforming commercial precinct
Significant long term investment potential
All property information has been provided to Ray White by third parties. While Ray White strives for accuracy, we have not verified this information and do not guarantee its accuracy or completeness. Interested parties should conduct their own inquiries regarding this property.
The size of Coburg North is approximately 4.9 square kilometres. There are 20 parks, covering nearly 18.4% of the 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 5,321 properties. Over the last 5 years, Houses in Coburg North have seen a 6.45% increase in median value, while Units have seen a 8.61% increase. As at 31 May 2026:
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