Auction Times
Sat 25 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 2/42 Jersey Street 4 2 1 House | 2:00 PM Sat 25th Jan | Ray White |
Wed 29 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 1/345 Moreland Road 1 1 1 Unit | 6:00 PM Wed 29th Jan | Harcourts |
Sat 1 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 75 Phillips Street 3 1 2 House | 10:00 AM Sat 1st Feb | Barry Plant |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $560,250 | 0.0% | $1 | $1,875,000 | 259 |
| 2010 | $645,000 | +13.1% | $172,500 | $1,381,000 | 285 |
| 2011 | $623,000 | -3.5% | $130,000 | $2,147,483,647 | 223 |
| 2012 | $609,000 | -2.3% | $331,000 | $2,100,000 | 211 |
| 2013 | $640,000 | +4.8% | $292,000 | $1,410,000 | 325 |
| 2014 | $720,000 | +11.1% | $74,000 | $1,551,000 | 316 |
| 2015 | $785,000 | +8.3% | $372,000 | $2,200,000 | 269 |
| 2016 | $883,000 | +11.1% | $305,000 | $3,305,000 | 241 |
| 2017 | $1,020,000 | +13.4% | $550,000 | $2,500,000 | 240 |
| 2018 | $968,000 | -5.4% | $370,000 | $3,110,000 | 222 |
| 2019 | $953,000 | -1.6% | $535,000 | $1,920,000 | 194 |
| 2020 | $1,120,000 | +14.9% | $570,000 | $2,724,000 | 212 |
| 2021 | $1,300,000 | +13.8% | $610,000 | $2,282,000 | 298 |
| 2022 | $1,225,000 | -6.1% | $245,000 | $3,350,000 | 293 |
| 2023 | $1,220,000 | -0.4% | $505,000 | $3,080,000 | 249 |
| 2024 | $1,182,000 | -3.2% | $675,000 | $2,750,000 | 310 |
| 2025 | - | - | - | - | - |
Median Sale Price
$1.17M
Based on 309 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
-4.3%
Current Median Price: $1,173,400
Previous Median Price: $1,224,000
Based on 554 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $410 | 0.0% | $220 | $850 | 309 |
| 2012 | $420 | +2.4% | $220 | $995 | 349 |
| 2013 | $430 | +2.3% | $135 | $750 | 349 |
| 2014 | $450 | +4.4% | $230 | $1,100 | 251 |
| 2015 | $470 | +4.3% | $140 | $900 | 458 |
| 2016 | $480 | +2.1% | $160 | $950 | 396 |
| 2017 | $500 | +4.0% | $270 | $950 | 382 |
| 2018 | $550 | +9.1% | $270 | $1,500 | 380 |
| 2019 | $520 | -5.8% | $300 | $1,150 | 357 |
| 2020 | $550 | +5.5% | $305 | $1,100 | 395 |
| 2021 | $550 | 0.0% | $310 | $1,250 | 384 |
| 2022 | $570 | +3.5% | $310 | $1,290 | 419 |
| 2023 | $650 | +12.3% | $360 | $1,100 | 249 |
| 2024 | $700 | +7.1% | $300 | $1,730 | 274 |
| 2025 | - | - | - | - | - |
Median Rent Price
$700
per week
Based on 256 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
+7.1%
Current Median Rent: $700
Previous Median Rent: $650
Based on 504 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,173,400
Current Median rent: $700
Based on 565 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Coburg
Houses sold in Last 12 months ends 18 Jan 2025
$1.18M
Median Sale Price
75%
Clearance Rate
187/250
Sold/Reported
$1.85M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 4 | |
| $1.6 M - $1.8 M | 9 | |
| $1.4 M - $1.6 M | 21 | |
| $1.2 M - $1.4 M | 36 | |
| $1 M - $1.2 M (Median Price Range) | 39 | |
| $800 K - $1 M | 30 | |
| $600 K - $800 K | 3 | |
Similar Suburbs to Coburg 3058
Based on median house sale price sold in last 12 months
Schools closest to Coburg, VIC 3058
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Coburg Primary School | 98 BELL STREETCoburg 3058 | Primary | Government | 0.24 km |
| Coburg High School | Coburg 3058 | Secondary | Government | 0.21 km |
| St Paul's Parish Primary School | 562 SYDNEY RDCoburg 3058 | Primary | Catholic | 0.55 km |
| St Bernard's Primary School | 36 PATTERSON STCoburg 3058 | Primary | Catholic | 0.77 km |
| Coburg Senior High School | ALVA GROVECoburg 3058 | Secondary | Government | 0.76 km |
| Moreland Primary School | 157-163 MORELAND ROADCoburg 3058 | Primary | Government | 1.35 km |
| Mercy College | 760 SYDNEY RDCOBURG 3058 | Secondary | Catholic | 1.4 km |
| St Margaret Mary's School | 47 - 49 MITCHELL STBrunswick 3056 | Primary | Catholic | 1.72 km |
| St Fidelis' Primary School | 54 SAUNDERS STMoreland 3058 | Primary | Catholic | 1.5 km |
| Coburg North Primary School | 180 O'HEA STREETCoburg 3058 | Primary | Government | 1.52 km |