Market snapshot
Suburb insights for Cockatoo3781
Change suburbCockatoo is located 59 km east of the CBD. Cockatoo is a rural and residential district located on Melbourne's outer south-eastern fringe. Incorporating Gembrook the area has a significant amount of public open space including the Wright Forest Mountain Road Recreation Reserve and Gembrook Park. Cockatoo also features much of the newly restored section of the Puffing Billy narrow gauge railway line. The population is predominantly of family age with more than three-quarters aged between 0-17 and 25-49.
Sales data
Median sale price
$785k
Quarterly price change
-1.6%
Metro Melbourne Comparison
$916k
0.1%
Bedrooms | Cockatoo | Metro comparison |
---|---|---|
2 | - | $902,000 |
3 | $700,000 | $807,500 |
4 | $840,000 | $950,000 |
Insight | Cockatoo | Metro comparison |
---|---|---|
Clearance rate | 73.3% | |
Days on market | 29 | 42 |
Rental data
Median weekly rent
$590
Rental yield
3.9%
Metro Melbourne Comparison
$575
3.3%
Bedrooms | Cockatoo | Metro comparison |
---|---|---|
2 | - | $560 |
3 | - | $550 |
4 | - | $595 |
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