Coburg North's houses are trading with real pace at the more accessible end of the market. Two-bedroom homes are clearing at 81 per cent in around a month, and three-bedroom houses just under one million dollars are following close behind at 71 per cent, making up the bulk of the 64 sales recorded here this year.
Four-bedroom family homes are the standout at the top of the market, clearing at 80 per cent, though they take longer to sell at around nine weeks, suggesting buyers are willing to wait for the right one rather than compromise. Apartments are a smaller slice of this suburb, with two-bedroom units the more common option among a modest number of sales.
With close to seven in ten residents owning rather than renting, this remains a settled, family-oriented pocket. Buyers here are focused on move-in ready homes with functional layouts and genuine outdoor space, and well-presented properties under the one million dollar mark are attracting the strongest competition across the board.
Median sale price for houses in Coburg North is $975,000, up 1.8% from last year.
Median sale price for units in Coburg North is $714,500, up 3.4% from last year.
Properties sold for houses in Coburg North is 133, down 4.3% from last year.
Properties sold for units in Coburg North is 16, up 23.1% from last year.
Auction clearance for houses in Coburg North is 73.8%, down 4.2% from last year.
Auction clearance for units in Coburg North is 81.8%, up 22.7% from last year.
Av days on market for houses in Coburg North is 42, up 10.5% from last year.
$1,205,000
$1,065,000
$975,000
$950,000
$880,000
$855,888
$821,000
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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