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Investment Property Coburg, VIC, 3058

Suburb Snapshot

Coburg is a suburb in the Moreland Region of Victoria. Coburg has a population of 26,180 people and 30.58% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed -4.55% over the past year and changed -4.55% over 2 years.

The median rent in Coburg for houses is $650 per week and the median rental yield is 3.21%. Stock on the market for houses/townhouses has changed -29.89% compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $500,000 and this has changed 9.40% over the past year. The average unit takes 138 days to sell and the median rent for a unit in Coburg is $500 per week, producing a rental yield of 5.20%.

Supply & Demand in Coburg, Moreland

0.94%

Current vacancy rate


118

Rental stock available


26,180

Population


30.58%

Rental population


1.05%

Current vacancy rate


904

Rental stock available


162,560

Population


33.21%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Coburg, Moreland

  House Townhouses Units
Median listing price $1,050,000 $750,000 $500,000
Median price change - last quarter -4.55% 0.00% 4.16%
Median price change - 1 year -4.55% 8.69% 9.40%
Median price change - 2 years -4.55% 2.73% 1.41%
  House Townhouses Units
Median weekly rent $650 $600 $500
Median yield % 3.21% 4.16% 5.20%
Median rent change - 1 year 4.00% 3.44% 11.11%
  House Units
Previous month sales 28 8
Stock on market previous month 61 47
Stock variance vs. last year -29.89% -34.72%
Average days on market 50 138

Coburg investment property listings

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