COBURG 3058
State: VICPosiProp AI Investment Summary
COBURG (VIC 3058) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 3.2%, with a median house buy price of $1,238,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,000,000
$1,200,000
$1,462,500
$1,238,000
Suburb Market Profile
Last month Coburg had 109 properties available for rent and 115 properties for sale. Median property prices over the last year range from $1,238,000 for houses to $590,000 for units. If you are looking for an investment property, consider houses in Coburg rent out for $750 PW with an annual rental yield of 3.5% and units rent for $560 PW with a rental yield of 5.1%. Coburg has seen an annual compound growth rate of 3.2% for houses and -7.5% for units.
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