1/262 Reynard Street, Coburg VIC 3058
1/262 Reynard Street, Coburg VIC 3058
Modern townhouse | Central Coburg | Strong owner-occupier complex | 84% clearance zone
This property offers a rare configuration edge in Coburg: a freestanding townhouse on its own lot within a small complex of just three, providing the feel of a house with strata-titled convenience. The 127m² internal layout is generous for a two-bedroom, and the legal lot structure avoids common unit-title constraints. For a buyer seeking low-maintenance living with genuine separation from neighbours, this positions well against typical apartment or attached product. It best suits professionals, downsizers, or investors targeting owner-occupier demand.
The primary risk is price discovery: the agent guide sits below recent estimated values, and the comparable sale at 2/262 for $780,000 in 2025 sets a firm floor. Any premium above $800,000 must be justified by the freestanding advantage and superior internal space. The 84% clearance rate in Coburg’s two-bedroom market supports a competitive auction, but the 32-day average days on market suggests buyers have time for due diligence. Hold this property as a long-term owner-occupied home or a core-plus rental, given the stable 75% owner occupancy in the complex and catchment access to Coburg West Primary School.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/262 Reynard Street, Coburg VIC 3058
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Coburg is a well-established, gentrifying inner-northern suburb with strong appeal for young families and professionals, driven by its proximity to the CBD and vibrant local amenity. Demand is robust, supported by consistent sales activity and positive price growth across the housing market. Future prospects are underpinned by ongoing gentrification and transport links, though increasing medium-density supply and high house prices present affordability and market sensitivity considerations.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
150m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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