256 Reynard Street, Coburg VIC 3058
256 Reynard Street, Coburg VIC 3058
2-bed townhouse with 2 baths | opposite school and reserve | strong family appeal | premium finish with full climate control | secure internal parking
This townhouse holds a genuine edge in Coburg’s market because it pairs the practicality of two bathrooms with a location that families actively seek. Being directly across from West Coburg Primary School and Shore Reserve is not a minor convenience; it shapes daily life for a young household, cutting the school run to a short walk and giving the property a permanent green outlook. The internal fit-out is thoughtfully done, with double blinds, heating and cooling in every room, and landscaped gardens that include irrigation, so the property feels more like a low-maintenance house than a standard townhouse. It serves downsizers and professional couples equally well, but the school frontage tilts the balance toward families who will pay a premium for that positioning.
The value picture here is shaped by a few moving parts. The property sits in a street with mixed stock, from older apartments to newer townhouses, so the immediate streetscape may not be uniform, and that can temper how quickly buyers form an emotional connection. School traffic and activity around drop-off times might be a minor consideration for some, though it rarely deters the right buyer. The absence of a confirmed build year means the property’s age is not fully clear, which could matter if maintenance costs become a question later. Rental demand for two-bedroom stock in this pocket appears steady, so investor interest is plausible, but the price point will likely attract owner-occupiers first.
|| Comparable Sales: 1/276 Reynard Street townhouse with similar configuration and 2/276 Reynard Street leased at $630 per week | Property Price Band: $760,000–$820,000 | Value Drivers: school and reserve frontage, two-bathroom layout, full climate control and landscaped gardens
Detailed Independent Property Report prepared by PropCred Analyst team for 256 Reynard Street, Coburg VIC 3058
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Coburg is a well-established, gentrifying inner-northern suburb with strong appeal for young families and professionals, driven by its proximity to the CBD and vibrant local amenity. Demand is robust, supported by consistent sales activity and positive price growth across the housing market. Future prospects are underpinned by ongoing gentrification and transport links, though increasing medium-density supply and high house prices present affordability and market sensitivity considerations.
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PropCred Estimated Value
Comparable Sales: 1/276 Reynard Street townhouse with similar configuration and 2/276 Reynard Street leased at $630 per week | Property Price Band: $760,000–$820,000 | Value Drivers: school and reserve frontage, two-bathroom layout, full climate control and landscaped gardens
Bedrooms
2
Bathroom
2
Parking
1
Land
99m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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