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Sold on 11 Nov 2024 for $460,000

1 Wilkur Street
Cobram VIC 3644

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Floor area: 97m2
Land area: 979m2
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Property Details for 1 Wilkur St, Cobram

1 Wilkur St, Cobram is a 4 bedroom, 4 bathroom Unit and was built in 1995. The property has a land size of 979m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom Unit sold in Cobram in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
97m2
Land Size
979m2
Local Government
Moira
Lot/Plan
2/LP87161

Last Listing description (November 2024)

Sited on a generous 988m block, this property offers a unique chance to own 4 one-bedroom units with exceptional potential. Situated with close proximity to the Murray River, bushland, picturesque walking tracks, sporting facilities and schools, this is an ideal investment with a strong return and future rental upside.

Each unit features kitchen/living area with split systems, comfortable bedrooms with built-in robes, bathroom with combined bath/shower, laundry and separate toilet.

With a potential fully let income of $760 per week and excellent rental history, this property presents a solid investment opportunity with a circa 8% return. Whether you're looking to expand your portfolio or start on your investment journey, this block of units offers a steady income stream in a sought-after location with the benefit of future rental upside.

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: 4737

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Property History for 1 Wilkur St, Cobram, VIC 3644

A timeline of how this property has performed in the market
Last Sold
$460,000
11 Nov 2024
Listed for Rent
$395/w
17 Jun 2024
  • 11 Nov 2024
    Sold for $460,000
  • 13 May 2024
    Listed for Rent $395 / week
  • 28 Feb 2024
    Listed for Sale Under Offer
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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 21 properties listed for rent in Cobram on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Cobram.

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