With a capital gain of 21.08% for the last 12 months, Coburg North, 3058 has performed for property investments than its average annual 10.29% property growth over the last 5 years.
Across a shorter period, Coburg North, 3058 has seen a median price increase of 3.16% over the last quarter.
Sellers are offering property buyers an average discount of -4.35% to buyers in Coburg North at the moment, which is less than average for the rest of VIC.
The VIC suburb of Coburg North, 3058 is in the Moreland local government area.
At number 963th in the list of Australian suburbs ordered by increase in median house value over the last year, Coburg North, 3058 is in the BOTTOM 50% with a property value increase of 1.60% recorded in median house prices.
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.
Coburg North, 3058 is offering VIC ‘s 25th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
At number 520 in a list of fastest selling suburbs, Coburg North is in the TOP 40% of suburbs in Australia with an average of days on market 65.77 for properties listed there.