With a capital gain of 18.71% for the last 12 months, Coburg North, 3058 has performed for property investments than its average annual 9.69% property growth over the last 5 years.
While Coburg North,3058 ranked number 424th in VIC for increase in median house value (annualised) increase, it is ranked 120th over the last 5 years.
Vendor discounting in Coburg North is giving property investors an average Vendor Discount of around -3.35%. This puts suburb at number 541th in VIC when ranking the most discounted suburbs.
Investment property in Coburg North has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.79%
The five-year average increase in median property values for Coburg North,3058 has given property investors a potential capital gain of 20.93% across each of those five years.
Property buyers and investors in Coburg North 3058 should be seeing an average reduction in asking price of around -12.11% . This means that Coburg North is holding prices well when compared to other suburbs in VIC.
Advertised rents are around the $392.5 mark per week – giving a return of 3.92% based on the median price in Suburb