Giving property investors a a solid capital gain of 18.47% for the last year, Coburg North, 3058 is the 376th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coburg North has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coburg North, 3058. Typically our figures indicate that -3.35% is being offered, which puts this VIC suburb at 3479th most discounted overall in Australia.
Coburg North, 3058’s gross rental yield is 2.85%
Coburg North, 3058 ranked 209th 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
The five-year average increase in median property values for Coburg North,3058 has given property investors a potential capital gain of 15.68% across each of those five years.
Our latest figures would indicate that property sellers in Coburg North are currently offering property investors an average price cut of -12.11% below the asking price at the moment.
With the median price for a house in Coburg North being $509000 and the advertised rent reaching $385 the gross rental yield for property investors calculates out to be 3.93%