VIC has seen average median house prices change by 4.41% which means that Cobram, 3644 has done well for property investors by showing a capital gain of 8.68% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Cobram comes in at number 433th in VIC.
Cobram, 3644 is offering VIC ‘s 349th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
Residents and property investors in Cobram have been waiting around 125.169 days to sell a property.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 2.84%, investors should hope to achieve an overall return of 5.42%
At number 140th in the list of Australian suburbs ordered by increase in median house value over the last year, Cobram, 3644 is in the top 10% with a property value increase of 16.53% recorded in median house prices.
Cobram,3644 has offered an average of 16.53% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Cobram 3644 should be seeing an average reduction in asking price of around -4.63% . This means that Cobram is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Cobram being $215000 and the advertised rent reaching $235 the gross rental yield for property investors calculates out to be 5.68%