Cobden

POSTAL CODE: VIC, 3266
HOUSE

Property investors enjoyed capital gains of 18.06% over the last 12 months in COBDEN, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in COBDEN are low, as opposed to average gains per annum over the past five years.

The suburb posted a 7.59% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in COBDEN.

COBDEN, 3266 ranks 36th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 739th on the list of best yielding suburbs for rental properties in VIC, posting a N/A return.

Surburb overview

Cobden is a regional town in south-west Victoria within Corangamite Shire, located about 200 kilometres south-west of Melbourne and approximately 40 kilometres inland from the Great Ocean Road. The town functions as a service centre for the surrounding dairy and agricultural districts in Victoria’s Western District.

The 2021 Census recorded a population of 1,813 people.

Cobden has longstanding connections to the dairy industry, with milk production, livestock grazing and agricultural services forming major parts of the local economy. Food processing, healthcare, education and retail trade also contribute to employment within the district.

Housing in Cobden mainly consists of detached homes on established residential streets, alongside larger lifestyle and farming properties on the town outskirts.

Residents access supermarkets, schools, sporting facilities and healthcare services within the town, including Cobdenhealth, which provides hospital and community healthcare services for the surrounding region.

Public transport services include regional bus connections to nearby centres such as Camperdown, Colac and Warrnambool, while the nearest V/Line rail services operate from Camperdown on the Warrnambool line.

The town includes recreational facilities for football, netball, cricket, golf, and horse racing, with community sport remaining an important part of local life.

Natural attractions in the broader region include volcanic lakes, scenic rural landscapes, and coastal destinations associated with the Great Ocean Road and Shipwreck Coast tourism areas.

Cobden continues to operate as an important agricultural and community hub for surrounding farming districts across south-west Victoria.

You’re out of free articles for this month
Loading form...