FOR SALE
$420,000

58 Wondah Street
Cobram VIC 3644

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 836m2
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First Home Or Investment Opportunity

A rare corner block in the river end of town, only 100 meters from the Murray River and bushland. Offering an exceptional investment prospect, the property is sited on a 836m² block with 2 bedroom 1950’s brick residence, presenting an exciting opportunity for potential future subdivision (STCA).
The home has character and features kitchen/meals area, separate lounge with solid fuel heater, good sized bedrooms with building robes, large laundry and second toilet. Additional features include high ceilings, ducted gas heating, and evaporative cooling, ensuring comfort throughout the seasons.
The generous yard includes a carport, a bungalow suitable for additional rental income or family use, workshop, and assorted sheds. As a bonus, a 40 ft container for storage is included with the property.
This property presents a golden opportunity for first-time homebuyers or astute investors. Acquire it as a strategic land investment, enjoying a rental return while anticipating future development possibilities. Its proximity to the Murray River makes makes it ideal for future development or renovation. Inspect today!
These details have been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Property Code: 3954
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Property Details for 58 Wondah St, Cobram

58 Wondah St, Cobram is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 836m2. The place is currently for sale with Andrew Jenkins & Co Pty Ltd - Cobram.

Building Type
House
Land Size
836m2

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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 4,143 properties. Over the last 5 years, Houses in Cobram have seen a 49.48% increase in median value, while Units have seen a 60.61% increase. As at 31 October 2024:

  • The median value for Houses in Cobram is $392,918 while the median value for Units is $315,172.
  • Houses have a median rent of $450 while Units have a median rent of $315.
There are currently 120 properties listed for sale, and 23 properties listed for rent in Cobram on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Cobram.

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Andrew Jenkins
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Jake Jenkins
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Andrew Jenkins & Co Pty Ltd - Cobram
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