3A Barrys Lane, Coburg VIC 3058

3A Barrys Lane, Coburg VIC 3058
3 bed, 2 bath townhouse | 190 sqm on ~240 sqm land | near Upfield line stations and Sydney Road | estimated yield near 3.44% This townhouse is competitively strong for its generous internal area, which is above average for modern townhouses in the inner north, and its location near two train stations, retail, and schools makes it well suited to professional couples or small families seeking low-maintenance living without sacrificing space. The three-bedroom, two-bathroom configuration with open-plan ground floor appeals to buyers who value practical layouts over compact designs. Its position in Coburg, close to established amenities and parkland, supports consistent demand from upgraders and downsizers alike. The propertyโ€™s value may be influenced by its townhouse format on a smaller lot, which can limit land appreciation compared to detached houses, though the size of the internal area offsets this constraint. Its proximity to the rail corridor and Sydney Road might introduce higher activity and traffic exposure, which could affect buyer perception. The yield estimate near 3.44% suggests reasonable rental demand, but buyers should weigh how the 2011 build age and finishes, such as timber flooring, align with current market expectations for updates or maintenance.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3A Barrys Lane, Coburg VIC 3058
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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

Bedrooms

3

Bathroom

2

Parking

1

Land

239mยฒ

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