Investment property in Cobram 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 13.64%
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.
The most recent median price for Cobram is $250000, with sellers offering an average of -6.22% off the asking price.
With the median price for a house in Cobram being $250000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.62%
If you compare the increase in value of investment property in Cobram, 3644 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.41%.
Over the longer term, Cobram has seen property prices show investors a 5.65% return over the last 3 years. This is worse than over the last 12 months