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Cobram East
VIC, 3644 - Moira

Thinking about buying in Cobram East? Now could not be a better time, with just 109 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $857,000 with prices in this suburb ranging from $273,000 to $1,672,000. The aproximate distance to the coast is 212 Km.

Household Makeup

Median Weekly Rent $245.33
Median Monthly Mortgage $1661.67
Median Persons Per Bedroom 0.82
Average Household Size 3.00
Average Age 40.50
Average Income $808.17
Average Cars Per Dwelling 2.54
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $283,000
3 Bed  $828,000
4 Bed  $969,000
5 Bed  $898,000

Cobram East Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cobram East due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Cobram East leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Cobram East the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Cobram East

Nutrien Harcourts 355 CHAPEL RD, COBRAM EAST, VIC, 3644 Beds3 Bathrooms1 Parking 1 Contact Agent
Nutrien Harcourts 2863 MURRAY VALLEY HWY, COBRAM EAST, VIC, 3644 Beds4 Bathrooms2 Parking 6 $895,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Cobram East there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cobram East weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.31633.521.775.94.227.4
Feb2.11631.728.081.33.623.4
Mar1.313.328.032.083.83.519.1
Apr1.39.723.240.390.03.014.4
May1.06.018.053.295.82.810.4
Jun1.23.714.266.496.72.68.3
Jul1.53.813.866.997.63.08.7
Aug1.33.515.257.095.63.011.8
Sept1.45.118.946.495.63.416.3
Oct1.07.624.13492.83.521.5
Nov1.411.328.026.887.43.925.0
Dec1.814.231.322.479.34.028.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Katamatite EastMuckatahBaroogaCobramBooseyKatamatiteBoomanoomanaBurramineBurramine SouthYarroweyah

Public Transport


General Points of Interest

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