Coburg North is an average performer in VIC when comparing median price capital growth over the last year. Coburg North gave property investors a good capital gain figure when compared to the rest of the state, with 12.70%.
Coburg North,3058 has offered an average of 12.70% return per annum in house price rises to property investors over the last three years.
At number 443th of VIC’s most discounted properties, Coburg North is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Coburg North the average time real estate has been on the market is 41.47 days.
Advertised rents are around the $400 mark per week – giving a return of 3.03% based on the median price in Suburb
At number 607th in the list of Australian suburbs ordered by increase in median house value over the last year, Coburg North, 3058 is in the top 40% with a property value increase of 7.14% recorded in median house prices.
Across a shorter period, Coburg North, 3058 has seen a median price increase of -4.76% over the last quarter.
The most recent median price for Coburg North is $450000, with sellers offering an average of -3.90% off the asking price.
A $362.5 per week rent on the median house gives suburb investors a gross yield of circa 4.19%, without taking into account capital value appreciation, which has been averaging out at 6.19%.