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Cobblebank
VIC, 3338 - Melton

Thinking about buying in Cobblebank? Now could not be a better time, with 2210 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $622,000 with prices in this suburb ranging from $256,000 to $1,156,000. The aproximate distance to the coast is 24 Km.

Household Makeup

Median Weekly Rent $360.25
Median Monthly Mortgage $1731.50
Median Persons Per Bedroom 0.81
Average Household Size 3.00
Average Age 30.13
Average Income $806.75
Average Cars Per Dwelling 1.86
Average Properties Within 50M 16

Housing Stock

Average Property Prices

3 Bed  $618,000
4 Bed  $767,000
5 Bed  $837,000

Cobblebank Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Cobblebank driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Cobblebank due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cobblebank provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cobblebank requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Cobblebank we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cobblebank a better buying opportunity than it may have been in the past.

Houses for sale Cobblebank

Bal Real Estate 26 macalister gr, cobblebank, vic, 3338 Beds Bathrooms SOLD $520,000
Bal Real Estate 137 bridge rd, cobblebank, vic, 3338 Beds Bathrooms SOLD $562,500
Bal Real Estate 44 adelong bvd, cobblebank, vic, 3338 Beds Bathrooms $580,000 - $600,000
Bal Real Estate 32 cinnabar way, cobblebank, vic, 3338 Beds Bathrooms CONTACT AGENT
Bal Real Estate 50 stonehenge dr, cobblebank, vic, 3338 Beds Bathrooms SOLD $710,000
Bal Real Estate 28 jester dr, cobblebank, vic, 3338 Beds Bathrooms SOLD $685,000
Bal Real Estate 18 riverside con, cobblebank, vic, 3338 Beds Bathrooms SOLD $657,500
Bal Real Estate 3 jasper way, cobblebank, vic, 3338 Beds Bathrooms SOLD $579,000
Bal Real Estate 44 jester dr, cobblebank, vic, 3338 Beds Bathrooms SOLD $690,000
Bal Real Estate 6 genoa ch, cobblebank, vic, 3338 Beds Bathrooms SOLD $661,000
Bal Real Estate 80 riverside con, cobblebank, vic, 3338 Beds Bathrooms SOLD $745,000
Bal Real Estate 29 broughton av, cobblebank, vic, 3338 Beds Bathrooms SOLD $663,000
Bal Real Estate 30 riverside con, cobblebank, vic, 3338 Beds Bathrooms SOLD $655,000
Bal Real Estate 9 ambervue dr, cobblebank, vic, 3338 Beds Bathrooms SOLD $650,000
Bal Real Estate 50 riverside con, cobblebank, vic, 3338 Beds Bathrooms SOLD $660,500
LJ Hooker 5 ruby rd, cobblebank, vic, 3338 Beds4 Bathrooms2 Parking 2 Contact Agent!
Professionals 5 amber way, cobblebank, vic, 3338 Beds4 Bathrooms2 Parking 2 $579,000 to $599,000
Ray White 45 ambervue dr, cobblebank, vic, 3338 Beds0 Bathrooms0 Parking 0 400000

Local Schools

Melton South Primary School

St Anthony's School

Coburn Primary School

Staughton College

Al Iman College

St Dominic's School

Melton Primary School

Melton Christian College

Melton Secondary College

(While the above schools are located with the suburb of Cobblebank there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cobblebank weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.527.734.887.05.524.3
Feb1.314.427.037.688.55.220.4
Mar1.313.124.639.888.65.015.9
Apr1.410.420.943.790.64.911.9
May1.28.216.951.390.85.48.6
Jun1.46.214.158.993.25.27.3
Jul1.05.913.756.091.46.27.7
Aug1.2614.749.290.36.110.3
Sept1.67.417.742.889.46.114.5
Oct1.68.820.739.290.15.618.6
Nov1.910.722.93890.35.421.7
Dec1.712.625.535.788.65.425.3

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Melton SouthStrathtullohThornhill ParkGrangefieldsMeltonWeir ViewsRockbankKurunjangBrookfieldExford

Public Transport


General Points of Interest

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