All About Cobungra, Alpine, VIC, 3898
Cobungra is a small and picturesque locale in the Alpine region of Victoria, known for its stunning natural beauty and tranquil environment. The housing market in Cobungra is characterized by a limited but charming selection of properties, ranging from rustic cabins to more modern homes tucked away in the lush landscape. Due to its remote location, the real estate market here doesn’t experience the same bustling activity as urban areas, but this is precisely what appeals to those seeking a peaceful retreat or a close-knit community vibe. While property turnover may be relatively slow, the homes that do come onto the market often attract buyers looking for a serene lifestyle amidst nature, with the added allure of nearby recreational activities, such as hiking, fishing, and skiing in the winter months.
Living in Cobungra offers a unique experience dominated by the great outdoors and a sense of tranquility that is hard to find in busier locations. The region’s alpine climate offers crisp, cool air and breathtaking views all year round, with each season bringing its own charm. Summers provide pleasant conditions for exploring the scenic trails, while winters transform the area into a haven for snow sport enthusiasts. Residents enjoy a simple, community-oriented lifestyle, often centered around outdoor activities and local gatherings. Although amenities might be more limited compared to larger towns, the close community bonds and natural beauty make Cobungra an idyllic spot for those looking to escape the hustle and bustle of city life and embrace a slower, more nature-connected existence.
Household Makeup
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Housing Stock
Local Internet Speeds
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Cobungra Real Estate Market Outlook
Thinking about buying in Cobungra? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $396,000 with prices in this suburb ranging from $300,000 to $598,000. The aproximate distance to the coast is 94 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Cobungra 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 Cobungra 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. Medium density in Cobungra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Cobungra 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Cobungra there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cobungra 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.3 | 8.8 | 22.8 | 38.9 | 92.7 | 3.3 | 25.2 |
| Feb | 2.6 | 8.2 | 21.3 | 45.5 | 95.3 | 2.9 | 20.3 |
| Mar | 2.6 | 6.7 | 18.9 | 48.1 | 95.4 | 3 | 16.2 |
| Apr | 1.9 | 3.6 | 14.7 | 52.1 | 95.8 | 3.1 | 12.7 |
| May | 2.0 | 0.8 | 10.5 | 56.1 | 94.5 | 3.5 | 9.4 |
| Jun | 2.2 | -1.4 | 7.3 | 61.5 | 95.7 | 3.2 | 8.0 |
| Jul | 2.2 | -1.6 | 6.4 | 61.9 | 95.3 | 3.9 | 8.1 |
| Aug | 2.3 | -1.5 | 7.6 | 54.7 | 94.7 | 3.8 | 11.2 |
| Sept | 2.3 | 0.3 | 11.5 | 46.8 | 93 | 4.1 | 15.9 |
| Oct | 3.6 | 2.6 | 14.3 | 46.2 | 92.1 | 4.4 | 20.3 |
| Nov | 2.2 | 5.3 | 18.2 | 41.5 | 93.9 | 3.8 | 24.5 |
| Dec | 2.8 | 6.5 | 20.1 | 41.2 | 93.6 | 3.5 | 26.4 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Victoria Falls - Less than 10 KM
Nearby Suburbs
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