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Coomboona, VIC 3629

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

Data updated

Median House

$620,000

list-price estimate

Median Unit

$340,000

list-price estimate

Gross Yield (houses)

4.4%

1yr Growth

-

Investment snapshot for Coomboona

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

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Coomboona market and investor summary

In Coomboona, VIC 3629, houses show a gross rental yield of 4.4%. At 2.9% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet.

Living in Coomboona: people, income and schools

Coomboona is home to around 134 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 71% of homes are owner-occupied.

The typical household income runs to around $95,000 a year (about $1,830 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10).

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
134
+1% over 5yr
Median age
43 years
Median household income
$95,000/yr
Households renting
21%
Family households
64%
Socio-economic rank
1/10
ABS advantage index
Unemployment
5.5%

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

Properties in Coomboona

No properties currently listed in Coomboona

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Frequently asked questions about Coomboona

What should I check before investing in Coomboona?

Coomboona has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.4% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Coomboona show?

The gross rental yield in Coomboona is 4.4% 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 Coomboona?

The current vacancy rate in Coomboona is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Coomboona?

Coomboona has a population of approximately 134 residents, with a median age of 43.

Is Coomboona's population growing?

The population of Coomboona has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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