42 Jamieson Street, Coburg VIC 3058
42 Jamieson Street, Coburg VIC 3058
Art Deco three-bedroom | rare off-street parking | renovated bathroom | extension potential | Coburg convenience
The house is seen as a distinctive Art Deco example within a street of largely modest period homes. Its rare side driveway and lock-up garage are regarded as a genuine functional advantage in this neighbourhood, where parking is often scarce. The updated bathroom and internal laundry with second WC are considered everyday practicalities, while the generous entrance hall and high ceilings preserve the original character. The property is best suited to owner-occupiers seeking a solid single-level home with clear scope to renovate and extend, subject to council approval.
Value may be influenced by the absence of a confirmed land size, as buyers often compare blocks in this street. The property’s orientation is not stated, so natural light and backyard aspect might need on-site verification. Renovation and extension potential could support a premium, but its realisation is dependent on council approval and neighbourhood character constraints. The lack of a second bathroom may limit appeal for some families, though the existing layout is considered flexible.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Jamieson Street, Coburg VIC 3058
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Coburg, near the CBD, has established transport on Sydney Road and a gentrifying retail hub. Young professionals and families drive demand, given school catchments and a mixed ownership profile. Median house price is $1,222,000 with 5.8% annual growth; median unit price is $621,250 with uneven growth. Houses sell in 31–42 days, yielding 3.2% (houses) and 4.6% (units). Future growth relies on gentrification and medium-density supply; key risks are affordability at $1.2M and rising unit stock, with unit growth ranging -5.5% to +3.2%.
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PropCred Estimated Value
Comparable Sales: 42 High Street sold $1.215M Dec 2024 | Property Price Band: $1.0M-$1.1M | Value Drivers: condition, extension potential, off-street parking
Bedrooms
2
Bathroom
1
Parking
1
Land
391m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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