Cohuna is a smaller suburb in Victoria within the Gannawarra local government area (postcode 3568). With a population of 2,415, the suburb has an older demographic with a median age of 55. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Cohuna is $350,000, having grown strongly 7.7% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $997.
Cohuna is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
From an investment perspective, Cohuna offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($350K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +7.7% year-on-year.
Cohuna is a smaller suburb in Victoria within the Gannawarra local government area (postcode 3568). With a population of 2,415, the suburb has an older demographic with a median age of 55. Households earn a median income of $58K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Cohuna is $350,000, having grown strongly 7.7% over the past year. The current median weekly rent is $310. This gives a gross rental yield of approximately 4.6%. The median monthly mortgage repayment is $997.
Cohuna is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 987, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Gannawarra LGA is higher than average at 8,294 incidents per 100,000 population.
From an investment perspective, Cohuna offers a gross rental yield of 4.6%, rated as moderate yield. Property prices sit below the state median ($350K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +7.7% year-on-year.