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Cosgrove, VIC 3631
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$740,000
Median Unit
$315,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Cosgrove
Cosgrove has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Cosgrove market and investor summary
In Cosgrove, VIC 3631, the median house sells for around $740K. At 1.4% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking. Houses also take time to sell, around 65 days on market, so plan for a slower exit if you ever need one.
Living in Cosgrove: people, income and schools
Cosgrove has a resident population of roughly 50, and the area has been growing steadily, up about 8% over five years. At a median age of 41, it reads as skewed a little older, and families account for 58% of households.
The typical household income runs to around $103,000 a year (about $1,980 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to about 7.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
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
- 50
- +8% over 5yr
- Median age
- 41 years
- Median household income
- $103,000/yr
- Households renting
- 14%
- Family households
- 58%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1002
- Unemployment
- 3.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cosgrove
No properties currently listed in Cosgrove
Search Cosgrove listings →Frequently asked questions about Cosgrove
What should I check before investing in Cosgrove?
Cosgrove has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Cosgrove?
The median property price in Cosgrove, VIC 3631 is $740K for houses.
How tight is the rental market in Cosgrove?
The current vacancy rate in Cosgrove is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Cosgrove?
Cosgrove has a population of approximately 50 residents, with a median age of 41.
What schools are near Cosgrove?
There are 1 school within roughly 5km of Cosgrove. 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 Cosgrove affordable to buy in?
A median house in Cosgrove costs about 7.2 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 Cosgrove's population growing?
The population of Cosgrove has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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