A Rare Creekside Opportunity on Substantial Land

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30 Cole Crescent, Coburg VIC 3058

Private Sale - $1,500,000 - $1,600,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 4 Cars 1289 m²

Listed: 31st Mar 2026

Updated: 11 days ago

Overview

This property offers a rare creekside opportunity on a substantial landholding, presenting a unique chance to acquire a significant parcel of land in a tightly held and locally significant area. The home is positioned to allow the site to unfold towards the rear, connecting directly with Merri Creek, providing a serene and natural backdrop.

Spanning approximately 1289 square meters, the land provides exceptional flexibility, a feature rarely found in this location. The existing dwelling is in original condition, allowing for immediate use while future plans for renovation or redevelopment are considered.

The property's depth, orientation, and direct connection to open parkland and the Merri Creek trail create a clear opportunity to reimagine the site. Whether through renovation or redevelopment, subject to council approval, this property offers significant potential.

Conveniently located within walking distance to CERES, the leisure centre, and Sydney Road, the location is highly sought after. Key amenities such as Coburg Station, Coburg Town Hall, Pentridge Shopping Centre, and Coburg Lake are all within immediate reach, enhancing the lifestyle appeal.

Highlights of the property include:

Approximately 1289 square meters of substantial landholding
Direct access to the Merri Creek trail
Tightly held, locally significant pocket
Original family home in place
Multiple living and dining areas
Deep rectangular rear allotment
Established gardens and mature trees
Garage, workshop, and additional outbuildings
Ideal redevelopment opportunity, subject to council approval
Potential to retain, renovate, or rebuild

This property represents a rare chance to secure a significant landholding in a prime location with excellent lifestyle and redevelopment potential. Interested parties are encouraged to conduct their own inquiries to fully appreciate the opportunities this site presents.

Local Market Insights

In Coburg, Quiet Listings observed 28 new houses entering the market over the last 30 days, up from 27 during the previous 30-day period, with an average advertised asking price of $1,203,500. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (22%), and townhouses (11%). The most active agency for houses in the Coburg area is currently Nelson Alexander, representing 39% of new listings, followed by Ray White with 25%. 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.