Giving property investors a a stable capital gain of 10.97% for the last year, Cobram, 3644 is the 925th highest performer in Australia in this respect.
Over the longer term, Cobram has seen property prices show investors a 17.54% return over the last 3 years. This is worse than over the last 12 months
Cobram, 3644 is offering VIC ‘s 257th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
On average over the past year, suburb has had 7.25 sales per month, which equates to 87 per year.
With the median price for a house in Cobram being $258000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.44%
VIC has seen average median house prices change by 3.11% which means that Cobram, 3644 has done well for property investors by showing a capital gain of 21.21% over the last year
Cobram,3644 was ranked 87 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Cobram should be aiming for at least -6.07% off the asking price, which is the average vendor discount being achieved at the moment.
The VIC suburb of Cobram, 3644 is in the Moira local government area.