22 Linsey Street, Coburg VIC 3058

22 Linsey Street, Coburg VIC 3058
Character-house street | 3-bed 2-bath on 419m² | 212m² footprint, strong family layout | No heritage overlay, flexible scope | Owner-occupier demand, walkable Coburg This house offers a genuinely rare combination for Coburg: a detached period home with two bathrooms and a substantial 212m² internal footprint on a 419m² block. The 51% site coverage signals a dwelling that feels generous, not squeezed, and the absence of a heritage overlay means future renovation or extension work is less constrained than on many neighbouring streets. It sits in a quiet, established pocket close to Sydney Road, Coburg Station, and solid public school catchments, which makes it a natural fit for families who want character, space, and everyday convenience without trading away a garden. The buyer this serves best is an owner-occupier who values original period bones but expects modern liveability—two bathrooms, generous rooms, and the option to personalise without fighting council red tape. The value picture may hinge on how well the interior has been updated. Period homes in this street can vary widely in condition, and a tired kitchen or dated bathroom might soften the price, while a well-executed renovation could push it toward the higher end of the local range. The 419m² land is moderate, not large, so the upside likely comes from the house itself rather than subdivision potential. Buyers should weigh the quality of the rear addition or extension, natural light, and how the floorplan flows for daily family use. Rental demand is solid, but the stronger play here is long-term occupancy value, not yield. The street’s character and proximity to transport and schools anchor demand, but the final price will reflect how much of the period charm is intact and how much work remains.
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Linsey Street, Coburg VIC 3058
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk 2
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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: 14 Linsey Street sold at $1.5M; 23 Linsey Street sold at $1.446M | Property Price Band: $1.3M–$1.4M | Value Drivers: interior condition, two-bathroom configuration, renovation flexibility without heritage overlay

Bedrooms

3

Bathroom

2

Parking

1

Land

419m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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