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Cobbitty Suburb Insights
VICLocation Information
Suburb Name
Cobbitty, VIC
Distance from CBD
8.2 kmDemographics
Population
2,063
Median Income
$43,576
Area Information
Area
52.16 km²
Population Density
40 people/km²
Property Market
Median Price
$965,905
Annual Growth
+15.7%Property Price Trend Analysis
Current Median Price
$965,905
Annual Growth
+15.7%
Quarterly Growth
+2.5%
Price Trends - Last 6 Months
2024-01
$749,430
+4.2%2024-02
$759,588
+4%2024-03
$908,029
+9.8%2024-04
$623,226
+13.9%2024-05
$741,832
+17.9%2024-06
$1,168,921
+8%Property Type Price Analysis
House
Median Price
$1,683,888
Growth Rate
+5.4%Available Listings
209 properties
Apartment
Median Price
$477,229
Growth Rate
+14%Available Listings
656 properties
Townhouse
Median Price
$457,795
Growth Rate
+8.6%Available Listings
130 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy