With a capital gain of 13.27% for the last 12 months, Coburg North, 3058 has performed for property investments than its average annual 9.33% property growth over the last 5 years.
The five-year average increase in median property values for Coburg North,3058 has given property investors a potential capital gain of 35.85% across each of those five years.
Vendor discounting in Coburg North is giving property investors an average Vendor Discount of around -4.27%. This puts suburb at number 490th in VIC when ranking the most discounted suburbs.
Coburg North is 439th on a list of best yielding suburbs for rents in VIC with a 2.89% return
Coburg North, 3058 ranked 149th in VIC when comparing growth in median property values or capital gain over the last 12 months. Coburg North is one of 2098 in our list for VIC
Over the longer term, Coburg North has seen property prices show investors a 9.89% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Coburg North 3058 should be seeing an average reduction in asking price of around -3.90% . This means that Coburg North is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 6.36%, investors should hope to achieve an overall return of 4.04%