At number 2439th in the list of Australian suburbs ordered by increase in median house value over the last year, Cobram, 3644 is in the BOTTOM 50% with a property value increase of 4.00% recorded in median house prices.
Cobram,3644 was ranked 2378 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Cobram are currently offering property investors an average price cut of -6.15% below the asking price at the moment.
Residents and property investors in Cobram have been waiting around 137.8 days to sell a property.
Situated 219.21km from the CBD, Cobram is one of Moira localities in the postcode 3644.
With a capital gain of 18.97% for the last 12 months, Cobram, 3644 has performed for property investments than its average annual 2.76% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Cobram has given property investors a paper return of -4.15%. This puts Suburb as 335 on a list of fastest fasting appreciating suburbs in VIC
A $240 per week rent on the median house gives suburb investors a gross yield of circa 6.75%, without taking into account capital value appreciation, which has been averaging out at 2.76%.