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170 The Avenue, Coburg$2.30m
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170 The Avenue

Coburg, VIC 3058, Australia
$2.30m
1845 m²

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About this property

Boasting a first-class Coburg location central to numerous lifestyle amenities including Merri Creek trail/parklands and reserves is a land bank opportunity of approx. 1845m2 (approx.) It yearns for a buyer to take advantage of its fantastic offering. The current owner has undergone the time-consuming process of acquiring approved engineered plans and permits for the construction of 5 prestigious residences (with no contribution fees to the council). You could be a seasoned developer looking for your next project or group of owner occupiers looking for your next building project/investment. These two-storey high end residences feature designer elements with architectural flair. They all offer open plan living along with a combination of two, three or four bedrooms. Each have multiple bathrooms as well as multiple living zones. They also have decent sized courtyards along with single or double garages. Capping off this perfect find is its sought-after location, which enjoys excellent access to, schools, Sydney Road and Nicholson Street shopping/dining as well as local amenities. * Plans and Permits approved for 5 luxurious dwellings. * Engineering and working drawings are complete. * Large parcel of land approx. 1845m2 (approx.) * Blue-chip Coburg location, central to amenities. Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1845 m²
Listed
3 months ago

Repayment calculator

$11,145/month
$5,573 /fortnight
Loan $1,839,200 at 6.10% over 30 years

Upfront costs

Deposit$459,800
Stamp duty$129,435
Conveyancing (est.)$2,000
Total upfront$591,235
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Coburg

This land in Coburg, VIC 3058 sits within reach of public transport, local shops and nearby schools. It is listed 88% above the $1.23m median of 50 comparable landswithin 5 km.

Schools near Coburg

  • Antonine College - Cedar Campuscombined
  • Australian International Academy of Educationcombined · Prep-12 · CoEd
  • Coburg Special Developmental Schoolcombined · U · CoEd
  • Coburg North Primary Schoolprimary · Prep-6 · CoEd
  • Coburg Primary Schoolprimary · Prep-6 · CoEd
  • Coburg West Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Coburg 1 (train)1.8 km away
  • Vuda1.5 km away
  • Bridges Reserve1.6 km away
  • Unnamed1.7 km away
  • Coburg Station Reserve1.8 km away

Coburg at a glance

Full suburb profile
Population
26,574
Median age
37
Household income
$2,065/wk
Median rent
$430/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Coburg price trend

Median sold · House 3 bed

Compound growth -1.7% / yr over 4 yrs

$1.17mcurrent median

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Full Coburg market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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