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ABS 2021 Census · Updated 21 May 2026
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 per year.
Strong household incomes in Coburg North underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.
Official Australia Post postcode for Coburg North. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Coburg North on My School →Estimated 3 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
8,327 residents places Coburg North squarely in the middle of the Victoria suburb size distribution (state median 7,416), with market depth comparable to most VIC localities. Households here earn $103,012/year on average — 8% above the VIC suburb median of $95,160 — a modest premium that supports resilient owner-occupier demand. Rent of $401/week (80% coverage of the $2,167/month median mortgage) leaves a gap of roughly $429/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 10 km from the Melbourne CBD, Coburg North sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How Coburg North stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Coburg North sits above the state median; negative means below.
| Metric | Coburg North | VIC median | Δ vs state |
|---|---|---|---|
| Population | 8,327 | 7,416 | +12% |
| Median household income | $103,012/yr | $95,160/yr | +8% |
| Median rent (weekly) | $401 | $380 | +6% |
| Median mortgage (monthly) | $2,167 | $1,950 | +11% |
| Distance to CBD | 10 km | 32 km | -69% |
| Separate houses | 69% | 78% | -9pp |
Pre-inspection briefing for Coburg North — every item is derived from public datasets, with full citations in our data sources page.
Solid buy-and-hold profile: a population of 8,327 and household income close to the VIC median ($103,012 vs $95,160) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Moderate rental coverage: rent of $401/week covers 80% of a $2,167/month mortgage, leaving a $429/month gap that an investor bridges with equity, depreciation and tax benefits.
With 69% houses in a 8,327-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Coburg North property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in Coburg North should track the wider Victoria market through 2026, with the $103,012/year median household income (8% above the $95,160 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~80% of the typical mortgage ($1,738/month rent vs $2,167/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 76/100 places Coburg North in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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Coburg North scores 76/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 8,327, median household income of $103,012/year and median weekly rent of $401. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Coburg North are proximity to Melbourne (10 km), an above-state-median household income of $103,012/year, a dwelling mix that is 69% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Coburg North has a usual resident population of approximately 8,327, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Coburg North sits 10 km straight-line from the Melbourne CBD. This is inner-ring territory — pricing competes directly with established Melbourne employment nodes.
The most recent census recorded a median weekly rent of $401 in Coburg North, equating to approximately $20,852/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Coburg North is $2,167, or approximately $26,004/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $401 works out to $1,738/month, covering 80% of the median mortgage repayment of $2,167/month. That leaves a $429/month shortfall (around $5,148/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $2,167 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.