Suburb Profile Report for Cobden VIC (3266)

Cobden House: Median price $218,250, Annual capital growth 3.32%, Number of sales 18, Weekly median advertised rent $280

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 28.38% for the last 12 months, Cobden, 3266 has performed for property investments than its average annual 3.32% property growth over the last 5 years.

Comparing Cobden,3266 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

The most recent median price for Cobden is $218250, with sellers offering an average of -9.58% off the asking price.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.32%, investors should hope to achieve an overall return of 6.67%

Metrics i HOUSE UNIT
$218,250 N/A
15.48% N/A
28.38% N/A
3.32% N/A
$280 N/A
18 N/A
6.67% N/A
123 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Cobden VIC
Demographics
Total population 1822
Median household income ($/weekly) 940
Median age of persons 44
Median housing loan repayment ($/monthly) 997
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 257 14.1
    35-44 years 218 12.0
    45-54 years 243 13.4
    55-64 years 216 11.9
    65-74 years 200 11.0
    Others 686 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 716 55.5
    Not Married 474 36.7
    Defacto Relationship 101 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1657 93.8
    New Zealand 23 1.3
    Papua New Guinea 28 1.6
    United Kingdom 29 1.6
    United States of America 8 0.5
    Others 21 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1263 75.1
    No Religion 406 24.2
    Buddhism 9 0.5
    Hinduism 3 0.2
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 10.4
    $400-$599 88 14.1
    $800-$999 77 12.3
    $1,250-$1,499 68 10.9
    $1,500-$1,999 73 11.7
    Others 254 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 613 43.5
    Employed, worked full-time 440 31.3
    Employed, worked part-time 254 18.0
    Employed, away from work 75 5.3
    Unemployed, looking for work 26 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 131 17.0
    Technicians & trades workers 104 13.5
    Sales 75 9.7
    Machinery operators & drivers 75 9.7
    Labourers 152 19.7
    Others 233 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 23 5.8
    Infants/Primary 157 39.5
    Secondary 155 39.0
    Technical or Further Educational Institution 36 9.1
    University or other Tertiary Institutions 15 3.8
    Others 11 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1609 95.9
    Flat, unit or apartment 42 2.5
    House or flat attached to a shop, office 14 0.8
    Semi-detached, row or terrace house, townhouse 9 0.5
    Caravan, cabin, houseboat 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 309 46.1
    Being purchased 204 30.4
    Rented 151 22.5
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals