Suburb Profile Report for Cobram VIC (3644)

Cobram House: Median price $255,000, Annual capital growth 1.86%, Number of sales 81, Weekly median advertised rent $278

Cobram Unit: Median price $200,000, Annual capital growth 3.90%, Number of sales 17, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Cobram, 3644 have given investors a capital gain of 4.08%. This compares badly with the 8.12% for VIC as a whole.

Comparing Cobram,3644 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 221th of VIC’s most discounted properties, Cobram is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Cobram is 55th on a list of best yielding suburbs for rents in VIC with a 5.66% return

Giving property investors a a solid capital gain of 25.00% for the last year, Cobram, 3644 is the 61th highest performer in Australia in this respect.

While Cobram,3644 ranked number 60th in VIC for increase in median house value (annualised) increase, it is ranked 67th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Cobram is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 83th in terms of most discounted suburbs in VIC

At number 805 in a list of fastest selling suburbs, Cobram is just in the bottom half of suburbs in Australia with an average of days on market 81.54 for properties listed there.

Cobram is 6th on a list of best yielding suburbs for rents in VIC with a 6.24% return

Metrics i HOUSE UNIT
$255,000 $200,000
0.00% 3.63%
4.08% 25.00%
1.86% 3.90%
$278 $240
81 17
5.66% 6.24%
129.82 81.54

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
Find a mortgage broker in Cobram VIC
Demographics
Total population 6018
Median household income ($/weekly) 784
Median age of persons 42
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 746 12.4
    35-44 years 679 11.3
    45-54 years 729 12.1
    55-64 years 760 12.6
    65-74 years 688 11.4
    Others 2417 40.2
    Age Group
    Census Count Percent(%)
    Registered Married 2190 51.0
    Not Married 1744 40.6
    Defacto Relationship 357 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4813 84.5
    Indonesia 92 1.6
    Ireland 124 2.2
    Japan 211 3.7
    United Kingdom 172 3.0
    Others 284 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 0.5
    Christianity 4196 76.0
    Islam 253 4.6
    Other Religious Groups 77 1.4
    No Religion 948 17.2
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 229 11.1
    $400-$599 364 17.7
    $600-$799 268 13.0
    $800-$999 234 11.4
    $1,500-$1,999 202 9.8
    Others 763 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2148 47.0
    Employed, worked full-time 1377 30.1
    Employed, worked part-time 724 15.8
    Employed, away from work 167 3.7
    Unemployed, looking for work 154 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 361 15.9
    Professionals 228 10.1
    Technicians & trades workers 293 12.9
    Clerical & administrative workers 230 10.1
    Labourers 470 20.7
    Others 685 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 84 7.2
    Infants/Primary 459 39.4
    Secondary 384 32.9
    Technical or Further Educational Institution 123 10.5
    University or other Tertiary Institutions 67 5.7
    Others 49 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5100 92.0
    Flat, unit or apartment 291 5.3
    Semi-detached, row or terrace house, townhouse 84 1.5
    Caravan, cabin, houseboat 53 1.0
    House or flat attached to a shop, office 14 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 928 41.2
    Rented 697 30.9
    Being purchased 607 26.9
    Other tenure type 23 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals