Investment property in Coburg North 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 38.73%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coburg North has increased when compared to the 5 year average annual rate.
Coburg North, 3058 is offering VIC ‘s 376th 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.
The VIC suburb of Coburg North, 3058 is in the Moreland (C) local government area.
Over the last year, property investments in Coburg North, 3058 have given investors a capital gain of 32.11%. This compares favourably with the 22.48% for VIC as a whole.
While Coburg North,3058 ranked number 96th in VIC for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.
Coburg North3058 is located in VIC which offers an average discount of -2.09% to property investors. Coburg North itself is showing figures that indicate -4.69% is the average achievable by property buyers investing in the suburb.
Situated 9.85km from the CBD, Coburg North is one of Moreland (C) localities in the postcode 3058.