Avoca vs Cobram
Property investment comparison - Avoca, VIC 3467 vs Cobram, VIC 3643
Head-to-head across core investment metrics: Avoca wins 2, Cobram wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Avoca | Cobram |
|---|---|---|
| Median house price | $400K | $405K |
| Median unit price | $320K | $295K |
| Gross rental yield (houses) | 5.06% | 3.33% |
| Gross rental yield (units) | 2.61% | 3.48% |
| 1-year house growth | +6.0%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.9% | - |
| Population | 1,356 | 6,148 |
Avoca vs Cobram: what the numbers say
The median house price is $400K in Avoca and $405K in Cobram, so Avoca is the cheaper entry point, with Cobram houses about 1% dearer.
For units, Avoca sits at a median of $320K against $295K in Cobram, which makes Cobram the more affordable unit market and Avoca the pricier one.
On cash flow, Avoca leads: houses there return a gross rental yield of 5.06%, compared with 3.33% in Cobram, a gap of 1.73 percentage points.
Cobram is the bigger suburb, with a population of 6,148 against 1,356, roughly 4.5 times the size of Avoca; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Avoca for rental income, Avoca for a lower purchase price. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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