VIC has seen average median house prices change by 11.00% which means that Cobram, 3644 has done well for property investors by showing a capital gain of -1.74% over the last year
Taking the average capital gain, or increase in median house value, Cobram,3644 has racked up an average of -1.74% over the period. This ranks it number 2663th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Cobram is giving property investors an average Vendor Discount of around -6.06%. This puts suburb at number 167th in VIC when ranking the most discounted suburbs.
In the last year 86 properties changed hands in Cobram, which puts it as the 307th most active market in VIC when comparing the number of sales per suburb.
Cobram, 3644’s gross rental yield is 6.03%
At number 1061th in the list of Australian suburbs ordered by increase in median house value over the last year, Cobram, 3644 is in the BOTTOM 40% with a property value increase of 1.41% 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 Cobram has increased when compared to the 5 year average annual rate.
In the last year 16 properties changed hands in Cobram, which puts it as the 324th most active market in VIC when comparing the number of sales per suburb.
Cobram is 2nd on a list of best yielding suburbs for rents in VIC with a 6.93% return