Giving property investors a an unimpressive capital gain of -1.57% for the last year, Cobram, 3644 is the 2876th highest performer in Australia in this respect.
While Cobram,3644 ranked number 149th in VIC for increase in median house value (annualised) increase, it is ranked 638th over the last 5 years.
Vendor discounting in Cobram is giving property investors an average Vendor Discount of around -6.20%. This puts suburb at number 287th in VIC when ranking the most discounted suburbs.
With the median price for a house in Cobram being $251000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.22%
If you compare the increase in value of investment property in Cobram, 3644 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 4.29%.
The five-year average increase in median property values for Cobram,3644 has given property investors a potential capital gain of 3.69% across each of those five years.
Vendor discounting in Cobram is giving property investors an average Vendor Discount of around -5.20%. This puts suburb at number 148th in VIC when ranking the most discounted suburbs.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 6.27%, without taking into account capital value appreciation, which has been averaging out at 2.05%.