Coburg North is in the bottom 30% in VIC when comparing median price capital growth over the last year. Coburg North gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.86%.
Coburg North,3058 was ranked 1755 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Coburg North is offering property investors an average of -4.94. This rate of discount on properties puts Suburb at number 274th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $5400 per annum or $450 every week.
With a capital gain of 0.32% for the last 12 months, Coburg North, 3058 has performed for property investments than its average annual 5.53% property growth over the last 5 years.
While Coburg North,3058 ranked number 235th in VIC for increase in median house value (annualised) increase, it is ranked 202th over the last 5 years.
Coburg North, 3058 is offering VIC ‘s 70th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.
Property investors should expect to get $385 weekly from the median priced house in this suburb.