3/22 Balloan Street, Coburg VIC 3058
3/22 Balloan Street, Coburg VIC 3058
Located in a highly desirable pocket of Coburg, this beautifully presented 1-bed, 1-bath unit occupying a substantial 94m² allotment. With its versatile design and inviting interiors, this home will immediately appeal to busy professionals, downsizers, or investors seeking a high-yield asset. Residents will enjoy immediate access to local transport links, retail precincts, and premium lifestyle amenities.
Market Insight:
Positioned strategically within the broader market, Coburg stands out due to its newly built local schools and retail centers. As affordability shifts, First-home buyers utilizing government grants are increasingly shifting their focus here to benefit from four-bedroom floorplans on a budget. Market analysts note that strong tenant demand is pushing rental yields well above the Melbourne average.