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All About Cobden, Corangamite, VIC, 3266

Cobden, located in the Shire of Corangamite, Victoria, offers a distinctive housing market characterized by affordability and a tight-knit community atmosphere. The town primarily features a mix of established homes, alongside some newer developments catering to varied buyer preferences. While property prices have seen moderate growth due to increasing interest from individuals moving away from more urbanized areas, Cobden remains relatively affordable compared to metropolitan standards, making it an attractive option for first-time homebuyers and retirees alike. The demand in Cobden is largely driven by its family-friendly environment, scenic landscapes, and the peaceful, rural lifestyle it offers, which is a significant draw for those looking to escape the hustle and bustle of city life.

Living in Cobden provides residents with a charming lifestyle underscored by community spirit and easy access to natural attractions. The town is known for its vibrant community clubs and local events, which foster a sense of belonging and connectedness among its residents. Its location within the picturesque surrounds of the Western District means that locals enjoy the simplicity and tranquility of country living, while still having access to essential amenities and services. With the charming volcanic landscapes of the region and its proximity to the Great Ocean Road, Cobden offers both relaxation and adventure for outdoor enthusiasts. Additionally, the town supports a sustainable lifestyle with access to local produce and a commitment to preserving its natural environment, enhancing the overall living experience in this unique part of Victoria.

Household Makeup

Median Weekly Rent $224.17
Median Monthly Mortgage $1117.17
Median Persons Per bed houseroom 0.72
Average Household Size 2.17
Average Age 51.33
Average Income $606.33
Average Cars Per Dwelling 1.97
Average Properties Within 50M 6
Typical 1 bed house$430,000
Typical 2 bed house$298,000
Typical 3 bed house$440,000
Typical 4 bed house$646,000
Typical 5 bed house$567,000
Typical 6 bed+ house$441,000

Housing Stock

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Cobden Real Estate Market Outlook

Thinking about buying in Cobden? Now could not be a better time, with 1288 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $405,000 with prices in this suburb ranging from $87,000 to $1,466,000. The aproximate distance to the coast is 26 Km.

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 Cobden due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Cobden changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Cobden to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Cobden 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.

Instant Property Valuation

Local Schools

Cobden Technical School

Hampden Specialist School

Cobden Primary School

(While the above schools are located with the suburb of Cobden 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.

Cobden 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
Jan1.411.127.237.596.44.124.7
Feb1.211.826.839.796.64.020.5
Mar1.110.424.343.796.63.715.7
Apr1.58.320.350.397.63.511.5
May2.06.616.462.298.23.78.4
Jun1.94.613.872.699.23.67.3
Jul2.14.713.268.997.44.37.4
Aug2.04.614.065.598.64.510.1
Sept2.15.716.258.898.74.414
Oct1.86.718.855.098.34.118.7
Nov1.48.321.251.298.5421.6
Dec1.59.824.442.997.54.224.9

source: Australian Government Bureau of Meteorology



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General Points of Interest


Nearby Suburbs

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