8 Keane Street, Coburg North VIC 3058
8 Keane Street, Coburg North VIC 3058
4-bed 3-bath family layout | three distinct living zones | premium finishes and butler’s pantry | quiet owner-occupied street | main bedroom with balcony
The property is a 4-bedroom, 3-bathroom house with three distinct living zones (front study/lounge, upstairs rumpus, rear open-plan living/dining), a genuinely flexible family floorplan. High-spec finishes including spotted gum floors, high ceilings, stone benchtops, double glazing, and a butler’s pantry with second cooktop sit above typical suburban stock. Owner-occupier families are served best, especially those wanting a low-maintenance house with premium inclusions and multiple spaces for work, play, and entertaining. The quiet street and owner-occupier presence reinforce appeal to buyers seeking a settled neighbourhood.
The price positioning may reflect the premium fit-out and finishes more than land content, which may be weighed against older suburban stock. Three parking spaces with internal garage entry may be valued highly by families, though the rear yard is private but compact. Double glazing and roller shutters may improve energy performance, while evaporative cooling might struggle on extreme heat days. The multi-level layout may suit families, though stairs could be a factor for older buyers.
>> Comparable Sales: 8 Bridges Ave 4-bed $1.17M; 8 Calk St 3-bed $1.10M–$1.20M | Property Price Band: $1.3M–$1.4M | Value Drivers: premium finishes, versatile floorplan, low-maintenance presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Keane Street, Coburg North VIC 3058
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✕
2
Market Insight
Coburg North is a northern Melbourne suburb positioned around transport access. Demand comes mainly from families; sales data show 3-4 bedroom houses dominating and clearance rates are high: 70.6% for houses (Woodards) and 82.8% (REIV). House medians range $965k-$1.05m, with annual growth -0.94% to +2.6%; REIV shows $1.2m and +4.5% quarterly. Units lag: medians $570k-$725k, growth -11.2% to +6.7%. Houses clear in 41-49 days; units sit 111 days. Rental yields favour units (4.35% vs 3.27% houses); weekly rents are $650-$680 for houses and $595-$600 for units. Future demand rests on transport links and family-oriented stock, but rate sensitivity and a 22.2% fall in house sales volumes are constraints.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
287m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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