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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 $660 per week and the median rental yield is 3.26%. Stock on the market for houses/townhouses has changed -9.52% compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is $500,000 and this has changed 9.40% over the past year. The average unit takes 136 days to sell and the median rent for a unit in Coburg is $490 per week, producing a rental yield of 5.09%.

Supply & Demand in Coburg, Moreland

1.05%

Current vacancy rate


132

Rental stock available


26,180

Population


30.58%

Rental population


1.04%

Current vacancy rate


895

Rental stock available


162,560

Population


33.21%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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% 4.16% 0.00%
  House Townhouses Units
Median weekly rent $660 $600 $490
Median yield % 3.26% 4.16% 5.09%
Median rent change - 1 year 5.60% 3.44% 11.36%
  House Units
Previous month sales 42 12
Stock on market previous month 76 63
Stock variance vs. last year -9.52% -4.55%
Average days on market 48 136

Coburg investment property listings

Showing 2 of 2 investment properties found in Coburg on realestateinvestar.com.au

2/39 Service St, COBURG

$625,000

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2

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Townhouse

VIC 3058


102/37-41 Munro St, COBURG

$440,000

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1

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Unit

VIC 3058


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