Cobram has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.10% to date .
If we look at median property appreciation over just the last three months, Cobram has given property investors a paper return of -0.19%. This puts Suburb as 350 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Cobram should be aiming for at least -6.26% off the asking price, which is the average vendor discount being achieved at the moment.
Cobram, 3644’s gross rental yield is 6.06%
VIC has seen average median house prices change by 0.68% which means that Cobram, 3644 has done well for property investors by showing a capital gain of 7.80% over the last year
Comparing Cobram,3644 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 11 properties changed hands in Cobram, which puts it as the 329th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $220 weekly from the median priced house in this suburb.