FOR SALE
$395,000

1/6 Margaret Court
Cobram VIC 3644

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 603m2
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Prime Investment Opportunity: Spacious Three-Bedroom Residence with Study

Introducing a fantastic investment opportunity or ideal first home, this sturdy and spacious three-bedroom residence, complete with a study, sits proudly on a manageable 603 square meter block. Boasting a prime location, this property promises convenience and comfort for its lucky occupants.
Well-appointed kitchen and meals area, with in wall air conditioner, electric cooktop, oven and dishwasher. Good size loungeroom features a reverse cycle split system air conditioner, ensuring year-round comfort for relaxation and entertainment.
The three bedrooms are equipped with built-in robes and carpet. The master bedroom has separate air conditioning and further indulges with its own ensuite. Forth smaller room which would make a great at home workspace or even an additional bedroom. Completing the interior layout is a separate bathroom and laundry, offering practicality and convenience for everyday living.
Outside, a rear paved patio invites alfresco dining and leisure, perfect for soaking up the sunshine or hosting gatherings with friends and family. The property also includes a full lock-up garage under the roofline, providing secure parking and storage solutions, along with a well-fenced yard featuring a large garden shed (approx. 2.5 x 3.5m), offering additional space for hobbies or storage needs.
Currently an excellent rental return of $350 per week, this property presents a lucrative opportunity for savvy investors seeking a reliable income stream. Alternatively, for those entering the property market for the first time, this residence offers an affordable and attractive option to call home.
Don't miss out on this chance to secure a solid investment or a comfortable abode in a sought-after location. Enquire now to arrange your inspection and seize this opportunity before it's gone!
Property Code: 4801
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Property Details for 1/6 Margaret Ct, Cobram

1/6 Margaret Ct, Cobram is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 603m2. The place is currently for sale with Andrew Jenkins & Co Pty Ltd - Cobram.

Building Type
House
Land Size
603m2

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About Cobram 3644

The size of Cobram is approximately 83 square kilometres. It has 15 parks covering nearly 4.9% of total area. The population of Cobram in 2011 was 6,018 people. By 2016 the population was 6,013 showing a population decline of 0.1% in the area during that time. The predominant age group in Cobram is 60-69 years. Households in Cobram are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobram work in a labourer occupation. In 2011, 65.7% of the homes in Cobram were owner-occupied compared with 65.8% in 2016.

Cobram has 4,132 properties. Over the last 5 years, Houses in Cobram have seen a 68.61% increase in median value, while Units have seen a 65.01% increase. As at 30 September 2024:

  • The median value for Houses in Cobram is $421,648 while the median value for Units is $307,803.
  • Houses have a median rent of $450 while Units have a median rent of $320.
There are currently 114 properties listed for sale, and 29 properties listed for rent in Cobram on OnTheHouse. According to CoreLogic's data, 122 properties were sold in the past 12 months in Cobram.

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Amanda Ramsay
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Andrew Jenkins
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Andrew Jenkins & Co Pty Ltd - Cobram
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