12 Rivertown Grove, Cobram VIC 3644
This property is Off Market
- The Average property price in this area is $366,329, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 219.22 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Cobram
With an average age of 38, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $190. The average family earns a weekly income of $1,230 with a typical household size of 2.2 and a 94.94% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cobram due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Cobram leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Cobram the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Tocumwal
General Points of Interest
Barooga Sports Club
Art Gallery
Cobram-Barooga Golf Club
Site of World War Two Field Hospital
Cobram Lawn Tennis Club
Sports Studium
Cobram Bowling Club
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 842 asthma sufferers and 345 people living with diabetes. In addition, 500 people have a heart/vascular condition and 1011 people live with three or more chronic diseases.A good place to invest in property?
Cobram a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
36 / 100
52 / 100
Industry
03 / 100
17 / 100
Population
11 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
16 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCobram Secondary College Cobram Primary School
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Sacred Heart Primary School
Tocumwal, NSW, 2714 Independent K-6 -
Cobram Secondary College
Cobram, VIC, 3644 State 7-12 -
Cobram Primary School
Cobram, VIC, 3644 State Prep-6 -
Strathmerton Primary School
Strathmerton, VIC, 3641 State Prep-6 -
Cobram Anglican Grammar School
Cobram, VIC, 3644 Independent Prep-12 -
Barooga Public School
Barooga, NSW, 3644 State K-6 -
Katamatite Primary School
Katamatite, VIC, 3649 State Prep-6 -
St Joseph's School
Cobram, VIC, 3644 Independent Prep-6 -
Cobram and District Specialist School
Cobram, VIC, 3644 State U -
Tocumwal Public School
Tocumwal, NSW, 2714 State K-6
Property Story
12 Rivertown Grove, Cobram, Vic, 3644 is a residential property with 1 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $405,000 while properties of this type typically sell for between $180,000 and $180,000 in this suburb. The estimated distance to the sea is 219.22km and 0.22KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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