VIC/
Cobden

Suburb Profile

Cobden - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3266

house

Property investors enjoyed capital gains of 27.5% 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 36% 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 $222.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $222.5 mark, reflecting a 4.54% increase in returns based on the current median price in COBDEN.

COBDEN, 3266 ranks 32nd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 133rd on the list of best yielding suburbs for rental properties in VIC, posting a 4.54% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $255,000 N/A
GROWTH REPORT
Median Quarterly 0.59% N/A
Median 12 month 27.5% N/A
Median 3 years 36% N/A
Median 5 years 50% N/A
10 years average annual 4.63% N/A
Weekly media advert. rent $222.5 N/A
Time on Market 159.5 days N/A
Gross Rental Yield Percent 4.54% N/A
demographics (median values)
Total Population
1815
Weekly Household Income
746.4
Household Size
2.40
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Cobden, VIC
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