Investment property in Coburg has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.15%
If we look at median property appreciation over just the last three months, Coburg has given property investors a paper return of 5.08%. This puts Suburb as 122 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Coburg 3058 should be seeing an average reduction in asking price of around -5.86% . This means that Coburg is holding prices well when compared to other suburbs in VIC.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Giving property investors a an average capital gain of 2.64% for the last year, Coburg, 3058 is the 871th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Coburg,3058 has racked up an average of 2.64% over the period. This ranks it number 846th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Coburg is giving property investors an average Vendor Discount of around -4.52%. This puts suburb at number 186th in VIC when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Coburg the average time real estate has been on the market is 73.86 days.
Coburg is 231th on a list of best yielding suburbs for rents in VIC with a 3.90% return