Property investors who have had real estate in Coburg North, 3058 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.16%
Coburg North,3058 was ranked 518 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Coburg North, 3058. Typically our figures indicate that -6.16% is being offered, which puts this VIC suburb at 1834th most discounted overall in Australia.
On average over the past year, suburb has had 7.08 sales per month, which equates to 85 per year.
Renters in Suburb are facing rents around $25480 per annum or $490 every week.
VIC has seen average median house prices change by 5.01% which means that Coburg North, 3058 has done well for property investors by showing a capital gain of -0.67% over the last year
Coburg North,3058 was ranked 797 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 5.56%, investors should hope to achieve an overall return of 3.76%