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Coburg is a well-established suburb in northern Melbourne, located only 8kms from the CBD this area has experienced sustained growth and ongoing popularity. This is due to the amenities which are present throughout the suburb as well as bordering some of Melbourne’s most prestigious suburbs.
Within Coburg there is 9 primary schools, 4 high schools and 1 special development school on offer with these being a mix of private and public. It is also only 6kms from the University of Melbourne making it very convenient for students.
There are three tram lines which run through Coburg, several bus routes and train stations of Moreland and Coburg which service the area. There are also two bike trails available as well as on-road bike lanes.
The shopping is a highlight within Coburg as you can stroll the streets and browse throughout the specialty stores. There is also a strong café culture during the day especially within the Victoria Street mall. The main nightlife is in the bordering suburb of Brunswick, however there is a selection of restaurants throughout the suburb.
The John Fawkner Private Hospital is located directly within Coburg, there is also The Royal Melbourne Hospital being 6kms away. In addition, there is multiple doctor’s surgeries available for residents.
Coburg features around 250 shops, a small indoor market, several supermarkets and discount stores which is comprised of four shopping arcades between the train station and Sydney Road.
Why invest in St Kilda?
With 34% of dwellings being rented, this area services both families and young professionals very well and is an ideal investment opportunity. Due to the proximity to most essential services and having a strong public transport network this makes the area more ideal for perspective tenants. Median rents have been sustainably increasing since late 2015 and are predicted to stay upon the same trend.