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Cobblebank vs Murrawee

Property investment comparison - Cobblebank, VIC 3338 vs Murrawee, VIC 3586

Head-to-head across core investment metrics: Cobblebank wins 0, Murrawee wins 1. 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.

MetricCobblebankMurrawee
Median house price$645K$645K
Median unit price-$390K
Gross rental yield (houses)3.71%-
Gross rental yield (units)4.35%-
1-year house growth+2.8%-
3-year house growth-0.2%-
Vacancy rate2.4%1.6%
Population3,601126

Cobblebank vs Murrawee: what the numbers say

Houses cost about the same in both suburbs: the median house price is $645K in Cobblebank and $645K in Murrawee.

Rental vacancy is 1.6% in Murrawee and 2.4% in Cobblebank, so landlords in Murrawee face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cobblebank is the bigger suburb, with a population of 3,601 against 126, roughly 29 times the size of Murrawee; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Murrawee for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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