VIC has seen average median house prices change by 8.13% which means that Coburg North, 3058 has done well for property investors by showing a capital gain of 14.29% over the last year
Taking the average capital gain, or increase in median house value, Coburg North,3058 has racked up an average of 14.29% over the period. This ranks it number 798th in the whole country for real estate investors looking at median house price increases.
Coburg North3058 is located in VIC which offers an average discount of -5.99% to property investors. Coburg North itself is showing figures that indicate -4.43% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Investment property in Coburg North has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.17%
Taking the average capital gain, or increase in median house value, Coburg North,3058 has racked up an average of 7.17% over the period. This ranks it number 1068th in the whole country for real estate investors looking at median house price increases.
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.
A $367.5 per week rent on the median house gives suburb investors a gross yield of circa 4.12%, without taking into account capital value appreciation, which has been averaging out at 6.43%.