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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 10.83% capital gain.

Property investors in COBRAM enjoyed capital gains of 7.68% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $284,000.

Profits due to an upward trend in home prices there averaged 3.61% per annum over a 3-year period.

Home owners selling their properties and realtors in COBRAM usually have to wait an average of 123.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $300 mark, reflecting a 5.49% increase in returns based on the current median price in COBRAM.

COBRAM, 3644 places 96th 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 $284,000 $213,500
GROWTH REPORT
Median Quarterly 5.19% 4.91%
Median 12 month 7.68% 21.13%
Median 3 years 10.83% 18.61%
Median 5 years 22.94% 24.13%
10 years average annual 2.56% 4.68%
Weekly media advert. rent $300 $240
Time on Market 123.0 days 94.4 days
Gross Rental Yield Percent 5.49% 5.85%
demographics (median values)
Total Population
5528
Weekly Household Income
674.7
Household Size
2.40
demographics
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