Cobden vs Red Lion
Property investment comparison - Cobden, VIC 3266 vs Red Lion, VIC 3371
Head-to-head across core investment metrics: Cobden wins 1, Red Lion wins 0. 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 | Cobden | Red Lion |
|---|---|---|
| Median house price | $460K | $460K |
| Median unit price | - | $425K |
| Gross rental yield (houses) | 4.29% | - |
| Gross rental yield (units) | 4.04% | - |
| 1-year house growth | +7.5%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 0.6% | 2.8% |
| Population | 1,804 | 111 |
Cobden vs Red Lion: what the numbers say
Houses cost about the same in both suburbs: the median house price is $460K in Cobden and $460K in Red Lion.
Rental vacancy is 0.6% in Cobden and 2.8% in Red Lion, so landlords in Cobden face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Cobden is the bigger suburb, with a population of 1,804 against 111, roughly 16 times the size of Red Lion; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Cobden for the tighter rental market. 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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