Located in Victoria within the Corangamite local government area, Cobden is a close-knit residential community (postcode 3266). With a population of 1,804, the suburb has an older-leaning population with a median age of 51. Households earn a median income of $60K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, machinery operators & drivers. Employment in the area leans toward agriculture and manufacturing. The top ancestries reported are Australian, English, Irish.
Median house prices in Cobden stand at $355,000, having declined steeply by 10.1% over the last twelve months. The current median weekly rent is $400. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,083.
Cobden is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 932, which is below the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Corangamite LGA is moderate at 6,238 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 5.9%, which reads as high yield. Property prices sit below the state median ($355K/$850K), which can point to relative value. The price-to-income ratio of 5.9x is considered affordable. House prices have moved -10.1% year-on-year. Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.