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Cobains, VIC 3851

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$690,000

market range $675K-$1M

Median Unit

$285,000

list-price estimate

Gross Yield (houses)

4.0%

1yr Growth

-

Investment snapshot for Cobains

Cobains has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Cobains market and investor summary

Cobains (VIC 3851) runs a median house price of $690K, with houses yielding a gross 4.0%. At 26.4% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.0% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 26.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 91 days on market, so plan for a slower exit if you ever need one.

Living in Cobains: people, income and schools

Cobains is home to around 245 people, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and 93% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $94,000 a year, or roughly $1,810 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 7.3 times local household income, in line with much of metropolitan Australia.

There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
245
+4% over 5yr
Median age
43 years
Median household income
$94,000/yr
Households renting
8%
Family households
78%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
1
avg ICSEA 963
Unemployment
4.0%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Cobains

No properties currently listed in Cobains

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Frequently asked questions about Cobains

What should I check before investing in Cobains?

Cobains has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Cobains?

The median property price in Cobains, VIC 3851 is $690K for houses.

What rental yield does Cobains show?

The gross rental yield in Cobains is 4.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Cobains?

The current vacancy rate in Cobains is 26.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Cobains?

Cobains has a population of approximately 245 residents, with a median age of 43.

What schools are near Cobains?

There are 1 school within roughly 5km of Cobains. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Cobains affordable to buy in?

A median house in Cobains costs about 7.3 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Cobains's population growing?

The population of Cobains has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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