VIC has seen average median house prices change by 11.73% which means that Coburg North, 3058 has done well for property investors by showing a capital gain of 7.09% over the last year
Coburg North,3058 was ranked 1107 in Australia by increase in median property value over the quarter.
With the median price for a house in Coburg North being $808500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.89%
Investment property in Coburg North has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.47%
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.