18 Boyne Street, Coburg North VIC 3058
18 Boyne Street, Coburg North VIC 3058
Modern family townhouse | Quiet Coburg North pocket | Strong school catchment | High-end finishes | Premium entry price
This property sits within a pocket of Boyne Street that has clearly shifted toward newer, higher-spec family housing, and that positioning is its main competitive edge. The configuration—four bedrooms, multiple bathrooms, secure parking, and indoor-outdoor living—matches what established families in the inner-north are actively seeking, particularly those moving from smaller suburbs who want low-maintenance space without leaving the tram corridor. The zoning to Newlands Primary and Coburg High adds practical, everyday value for that buyer group, and the immediate area’s quiet, residential character supports long-term family occupancy. For a buyer wanting a move-in-ready home with strong amenity and a school catchment in place, this property serves that need directly.
Value may be shaped by how the property sits within the broader Boyne Street mix, where newer townhouses command a meaningful premium over older detached stock. The moderate land size and townhouse format might limit upside compared to a house on a larger block, and the higher entry price could narrow the buyer pool slightly. Buyers should weigh the quality of finishes and layout against what comparable newer homes in the immediate area have achieved, while also considering that the property’s value is more tied to its build quality and presentation than to land content.
Detailed Independent Property Report prepared by PropCred Analyst team for 18 Boyne Street, Coburg North VIC 3058
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Comparable Sales: 14 Boyne Street sold in the $1.3M–$1.4M range; 4 Boyne Street transacted around $1.85M | Property Price Band: $1.3M–$1.4M | Value Drivers: Modern condition, four-bedroom layout, school catchment proximity
Bedrooms
4
Bathroom
3
Parking
4
Land
395m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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