Market snapshot
Suburb insights for Cobblebank3338
Change suburbCobblebank, approximately 33 km west of Melbourne’s CBD, is a key focus area for growth, featuring the soon-to-open Melton Hospital, Cobblebank Stadium, and train station access. It is poised to become a major regional centre with city access and appeals to buyers seeking investment and new infrastructure.
Sales data
Median sale price
$620k
Quarterly price change
-6.2%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Cobblebank | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $551,000 | $863,000 |
| 4 | $650,000 | $980,500 |
| Insight | Cobblebank | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 39 | 37 |
Rental data
Median weekly rent
$460
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Cobblebank | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $425 | $550 |
| 4 | $478 | $595 |
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