At number 733th in the list of Australian suburbs ordered by increase in median house value over the last year, Coburg North, 3058 is in the top 20% with a property value increase of 12.42% recorded in median house prices.
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.
Investment property in Coburg North has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.39%
If we look at median property appreciation over just the last three months, Coburg North has given property investors a paper return of 3.32%. This puts Suburb as 83 on a list of fastest fasting appreciating suburbs in VIC
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.