48 Rose Street, Coburg VIC 3058 Report
48 Rose Street is a four-bedroom freestanding house on approximately 460 m² in one of Coburg’s most contested family home pockets -the residential streets between Sydney Road and the rail line, approximately 9 km north of the Melbourne CBD.
At this location, three things converge that are increasingly difficult to find within 10 km of the city: a detached family-sized dwelling, a functional land parcel above 450 m², and a position within the Strathmore Secondary College catchment. That combination is what drives buyer competition in this street and the surrounding blocks.
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Market Value Context
Comparable renovated four-bedroom homes on similar land in Coburg have transacted between $1,550,000 and $1,700,000 in recent months. The evidence below represents the most relevant recent sales identified for this property.
| Address | Bed | Land | Sale Price |
| 84 Rose Street, Coburg | 4 | 580 m² | $1,150,000 |
| 17 Hudson Street, Coburg | 4 | *450 m² | $1,650,000 |
| 55 Harding Street, Coburg | 3 | *420 m² | $1,550,000 |
| 42 Rennie Street, Coburg | 4 | *470 m² | $1,700,000 |
The 84 Rose Street result at $1,150,000 is a significant outlier relative to the other sales and most likely reflects an unrenovated condition or other property-specific factor rather than market value for a comparable home. Hudson Street, Harding Street, and Rennie Street -all renovated family homes on similar land within the suburb -form the primary evidence base and cluster between $1,550,000 and $1,700,000.
Based on this comparable evidence, the indicative market value range for 48 Rose Street in renovated, move-in condition is $1,580,000 – $1,700,000. If the property requires material renovation, this range compresses toward $1,300,000 – $1,500,000. Condition is the single largest variable in this assessment.
School Zone
The Strathmore Secondary College catchment is one of the most sought-after state secondary zones in Melbourne’s north. Properties within the zone command a measurable premium over otherwise comparable homes outside it -observed differentials in Coburg and surrounding suburbs range from $100,000 to $200,000 for equivalent stock. Catchment boundaries are subject to periodic review by the Victorian School Building Authority and should be independently confirmed before purchase.
Heritage overlay
Parts of Coburg’s established residential streets carry Heritage Overlay designations under the Moreland Planning Scheme -confirm whether this applies and what it means for future alterations or extensions
Market Outlook
Coburg’s supply of freestanding four-bedroom homes on 400 m²+ blocks is not growing -new development in the suburb is predominantly apartments and townhouses. The Strathmore Secondary College zone creates a structurally captive buyer pool that competes regardless of broader market sentiment. Buyer spillover from Brunswick and Northcote, where equivalent homes now regularly exceed $2,000,000, continues to support demand at the upper end of the Coburg family home market.
Properties at this price point are more sensitive to interest rate movements than median suburban stock, and the gross rental yield of approximately 2.5–2.9% reflects this as an owner-occupier market rather than an income-generating one.
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