Powered by MOMENTUM MEDIA
AREA REPORTS

Cobram

Suburb Profile

Cobram - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3644

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 1.96% capital gain.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $260,000.

Profits due to an upward trend in home prices there averaged 0.65% per annum over a 3-year period.

Home owners selling their properties and realtors in COBRAM usually have to wait an average of 113.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $310 mark, reflecting a 6.2% increase in returns based on the current median price in COBRAM.

COBRAM, 3644 places 627th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $260,000 $212,000
GROWTH REPORT
Median Quarterly -6.31% -1.4%
Median 12 month -3.7% 11.58%
Median 3 years 1.96% 14.59%
Median 5 years 16.85% N/A
10 years average annual 1.27% 3.39%
Weekly media advert. rent $310 $250
Time on Market 113.7 days 97.2 days
Gross Rental Yield Percent 6.2% 6.13%
demographics (median values)
Total Population
5528
Weekly Household Income
674.7
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

home equity to finance the purchase of an investment property

Using your home equity to finance the purchase of an investment property

Did you know you can use the equity in your house to help finance the purchase of an investment property? ...

1 in 2 suburbs cheaper to buy than rent

1 in 2 suburbs cheaper to buy than rent

Borrowers are paying less on their loan repayment across more than half of all suburbs compared with if they rented in the same suburb, an ...

Should you keep your landlord insurance

Should you keep your landlord insurance?

COVID-19 and its social and economic fallout have had serious ramifications for many landlords, agents, tenants and insurance providers. Be...

Where are property sellers happiest

Where are property sellers happiest?

National research by RateMyAgent has revealed that national vendor sale price happiness increased by 4 per cent from Q2 to Q3 2020. Where ar...

Capital city auction volumes surpass April high

Capital city auction volumes surpass April high

The most recent week, ending 22 November, recorded a 70.3 per cent clearance rate from a total of 1,791 auctions held – the highest number...

Property hotspots for young Aussies revealed

Property hotspots for young Aussies revealed

New research from Westpac revealed that the number of first home buyers looking to enter the market has more than doubled since 2019, provin...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.