1002/16 Pentridge Boulevard, Coburg VIC 3058
1002/16 Pentridge Boulevard, Coburg VIC 3058
Level 10 apartment with dual parking | Elevated Pentridge position | 3-bed family layout | Strong school proximity|This three-bedroom apartment suits professional couples or small families prioritising urban convenience and secure parking in a modern complex.
Positioned on the tenth floor, it delivers practical living through expansive terraces that extend indoor spaces outward, ideal for everyday relaxation without the upkeep of a house. Its share of the 5584sqm lot underscores the development’s generous scale, setting it apart from tighter urban sites. Within the Pentridge precinct, this unit benefits from a streetscape of contemporary apartments, appealing to buyers who value regenerated neighbourhood vibrancy over traditional standalone homes. Properties like this typically draw downsizers or young professionals from nearby Reservoir and Thornbury, drawn by the rarity of two car spaces in a walkable setting. Similar three-bedroom units in the area have shown steady demand, holding value through consistent rental yields around mid-$500 weekly. The absence of overlays enhances its straightforward residential appeal, with zoning supporting long-term family use near Coburg Primary just 0.37km away. Elevated positioning adds enduring allure, buffering street noise while capturing north-west light for sustained livability. In a market favouring secure, low-maintenance options, this holds firm as a reliable hold amid Coburg’s apartment growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 1002/16 Pentridge Boulevard, Coburg VIC 3058
Market Insight:
Coburg is an established inner-north suburb attracting families and professionals seeking larger homes within relatively close proximity to the CBD. House prices typically sit around the $900k to $1M range, with steady growth driven by gentrification and infrastructure improvements. Demand is supported by strong public transport access, established shopping strips such as Sydney Road, and access to schools and parklands. The suburb offers a balance between inner-city convenience and suburban liveability.