Suburb Profile Report for Cobden VIC (3266)

Cobden House: Median price $190,000, Annual capital growth 2.77%, Number of sales 18, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Investment property in Cobden has done 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 -26.21%

Cobden,3266 has offered an average of -26.21% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Cobden is offering property investors an average of -6.20. This rate of discount on properties puts Suburb at number 353th in terms of most discounted suburbs in VIC

Property investors should expect to get $270 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$190,000 N/A
-11.73% N/A
-26.21% N/A
2.77% N/A
$270 N/A
18 N/A
7.39% N/A
54.55 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1822
Median household income ($/weekly) 940
Median age of persons 44
Median housing loan repayment ($/monthly) 997
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 257 14.1
    35-44 years 218 12.0
    45-54 years 243 13.4
    55-64 years 216 11.9
    65-74 years 200 11.0
    Others 686 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 716 55.5
    Not Married 474 36.7
    Defacto Relationship 101 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1657 93.8
    New Zealand 23 1.3
    Papua New Guinea 28 1.6
    United Kingdom 29 1.6
    United States of America 8 0.5
    Others 21 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1263 75.1
    No Religion 406 24.2
    Buddhism 9 0.5
    Hinduism 3 0.2
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 10.4
    $400-$599 88 14.1
    $800-$999 77 12.3
    $1,250-$1,499 68 10.9
    $1,500-$1,999 73 11.7
    Others 254 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 613 43.5
    Employed, worked full-time 440 31.3
    Employed, worked part-time 254 18.0
    Employed, away from work 75 5.3
    Unemployed, looking for work 26 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 131 17.0
    Technicians & trades workers 104 13.5
    Sales 75 9.7
    Machinery operators & drivers 75 9.7
    Labourers 152 19.7
    Others 233 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 23 5.8
    Infants/Primary 157 39.5
    Secondary 155 39.0
    Technical or Further Educational Institution 36 9.1
    University or other Tertiary Institutions 15 3.8
    Others 11 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1609 95.9
    Flat, unit or apartment 42 2.5
    House or flat attached to a shop, office 14 0.8
    Semi-detached, row or terrace house, townhouse 9 0.5
    Caravan, cabin, houseboat 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 309 46.1
    Being purchased 204 30.4
    Rented 151 22.5
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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