Thumbnail 1
Thumbnail 2

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Coburg VIC 3058
New Listings (last 30 days)
59
Average price
$960,115
Lowest price
$250,000
Highest price
$12,000,000
Other properties in this postcode

170 The Avenue, Coburg VIC 3058

Listed: 28th Jul 2026
Updated: 18 hours ago
Overview

Situated in a prime Coburg location, this expansive 1845 square metre parcel of land represents a rare opportunity for developers or investors poised to create desirable residential living spaces. The site benefits from approved engineered plans and permits for the construction of five two-storey residences, each designed with architectural flair and modern open-plan layouts.

The proposed high-end homes vary between two, three, and four bedrooms, featuring multiple bathrooms and flexible living zones to accommodate diverse family needs. Courtyards and garages, either single or double, enhance each residence’s functionality and appeal.

This meticulously prepared development site eliminates much of the initial groundwork, with engineering and working drawings completed, and it carries no council contribution fees. It is excellently positioned for accessibility to amenities, including nearby schools, shopping and dining precincts on Sydney Road and Nicholson Street, as well as recreational opportunities along Merri Creek trails and local parklands.

Ideal for seasoned developers seeking their next project or groups of owner-occupiers interested in custom-build investment options, the property’s size and permitted plans offer significant flexibility and value.

  • Approved plans and permits for five prestigious dwellings
  • Completed engineering and working drawings
  • Large land bank of approximately 1845m²
  • Prime Coburg location close to key lifestyle amenities

Prospective buyers are encouraged to consider the significant benefits of this rare offering, where much of the complex upfront preparation has been carried out, saving time and reducing usual development hurdles.

Local Market Insights

In Melbourne - North West, Quiet Listings observed 59 new parcels of land entering the market over the last 30 days, down from 67 during the previous 30-day period, with an average advertised asking price of $960,115. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (11%), and land (7%). The most active agency for land in the Melbourne - North West area is currently Matilda Donnybrook, representing 36% of new listings, followed by Ray White with 12%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
$2,299,000 
$2,299,000