Giving property investors a an unimpressive capital gain of 3.22% for the last year, Coburg North, 3058 is the 2649th highest performer in Australia in this respect.
Coburg North,3058 has offered an average of 3.22% return per annum in house price rises to property investors over the last three years.
The most recent median price for Coburg North is $801000, with sellers offering an average of -4.93% off the asking price.
Often selling an investment property can take time, and in Coburg North the average time real estate has been on the market is 48.61 days.
With the median price for a house in Coburg North being $801000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 2.99%
Over the last year, property investments in Coburg North, 3058 have given investors a capital gain of 0.63%. This compares badly with the 7.87% for VIC as a whole.
A 22.29% growth in median value for property investors in Coburg North,3058 puts this suburb at number 223th in terms of best performing suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Coburg North is offering property investors an average of -4.58. This rate of discount on properties puts Suburb at number 59th in terms of most discounted suburbs in VIC
Property investors should expect to get $380 weekly from the median priced house in this suburb.