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Suburb Insights ยท VIC 3058

Coburg 3058, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Coburg is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 26,574, making it a sizeable community. Located approximately 8 km from the Melbourne CBD, Coburg is a middle ring area in Victoria. The median household income is $107,380 AUD per year (ABS 2021 Census).

Investment Score

78 / 100 Good

Above-average earnings in Coburg support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Map shows Coburg, Victoria, Australia.

Key Indicators

Postcode
3058

Official Australia Post postcode for Coburg. A postcode may cover multiple suburbs.

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Population
26,574

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$430/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$107,380/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
8 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
7

Estimated 7 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
11

Estimated 11 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
60% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coburg's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $430/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. A median household income of $107,380/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Solid fundamentals in Coburg support capital growth over a medium to long hold period.

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Rental Yield

Coburg can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Older housing stock in Coburg combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Coburg property

Full Property Analysis

30-year projections for Coburg

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

The outlook for capital growth in Coburg is encouraging heading into 2026, driven by constrained supply and buyer competition. Rental demand remains robust, with low vacancy rates and growing tenant pools keeping yields competitive. Coburg remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Coburg a good suburb for investment?

Coburg is a middle ring area in Victoria with a population of 26,574. The median rent is $430/week and the median household income is $107,380/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Coburg?

Key demand drivers in Coburg include established amenities and transport access. 60% of dwellings are separate houses. The area has approximately 7 schools and 11 parks nearby.

What is the population of Coburg?

According to the ABS 2021 Census, Coburg has a population of approximately 26,574. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Coburg from the Melbourne CBD?

Coburg is approximately 8 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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