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Cobden
AREA REPORTS

Cobden

Cobden - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3266

house

Property investors enjoyed capital gains of 21.15% 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 32.35% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

On average, rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in COBDEN.

COBDEN, 3266 ranks 202nd in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 833rd on the list of best yielding suburbs for rental properties in VIC, posting a 0% return.

Data report can be found below

Cobden
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $315,000 N/A
GROWTH REPORT
Median Quarterly 5.18% N/A
Median 12 month 21.15% N/A
Median 3 years 32.35% N/A
Median 5 years 90.91% N/A
10 years average annual 11.06% N/A
Weekly media advert. rent N/A N/A
Time on Market 45.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
3067
Weekly Household Income
1130
Household Size
2.50
Age
44
Monthly Loan Repayment
1209
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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