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Suburb Insights ยท VIC 3058

Coburg North 3058, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Coburg North is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 8,327, making it a smaller community. Located approximately 10 km from the Melbourne CBD, Coburg North is a middle ring area in Victoria. The median household income is $103,012 AUD per year (ABS 2021 Census).

Investment Score

76 / 100 Good

Strong household incomes in Coburg North underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Coburg North, Victoria, Australia.

Key Indicators

Postcode
3058

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

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Population
8,327

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

ABS Census Data โ†’
Median Rent (weekly)
$401/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
$103,012/yr

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

ABS Census Data โ†’
Distance to CBD
10 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
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 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
69% 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 North'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 $401/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 $103,012/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Coburg North's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Expect competitive but not exceptional rental returns in Coburg North's current market.

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Renovation / Flip

Renovation or flip strategies in Coburg North face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Coburg North property

Full Property Analysis

30-year projections for Coburg North

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Coburg North enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward Coburg North is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Coburg North a good suburb for investment?

Coburg North is a middle ring area in Victoria with a population of 8,327. The median rent is $401/week and the median household income is $103,012/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 North?

Key demand drivers in Coburg North include established amenities and transport access. 69% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Coburg North?

According to the ABS 2021 Census, Coburg North has a population of approximately 8,327. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Coburg North from the Melbourne CBD?

Coburg North is approximately 10 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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