COBURG NORTH 3058
State: VICPosiProp AI Investment Summary
COBURG NORTH (VIC 3058) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Down -0.4%, with a median house buy price of $991,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$790,000
$991,000
$1,285,500
$991,000
Suburb Market Profile
Last month Coburg North had 21 properties available for rent and 36 properties for sale. Median property prices over the last year range from $991,000 for houses to $670,000 for units. If you are looking for an investment property, consider houses in Coburg North rent out for $680 PW with an annual rental yield of 3.4% and units rent for $580 PW with a rental yield of 4.9%. Coburg North has seen an annual compound growth rate of -0.4% for houses and -3.0% for units.
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