3/2A Ivy StreetCobram VIC 3644
Property Details for 3/2a Ivy St, Cobram
3/2a Ivy St, Cobram is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 137m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (October 2022)
One of the best located multi unit properties located in the Murray river township of Cobram, located on the Corner of William and Ivy Street Cobram
5 X 2 Bedroom Units returning a massive 6-6.5% return on your investment.
All tenanted at $220 per week for a yearly per annum return of $57,200 with room to increase the rental return.
All Brick Veneer construction with Kitchen Dining Living area plus separate bathrooms and toilet.
Split system heating and cooling plus ceiling fans.
Off street individual car parking.
Short 300 metre walk to local primary school, even closer to sporting facilities such as lawn bowls and lawn tennis clubs, local show grounds and cricket facilities.
Walking distance to the central business district of Cobram and a short drive to the Murray River itself with sand bars and recreational reserves.
These units are priced to sell with this excellent return and will always be popular by all tenants looking, due to the added benefit of the perfect location, close to everything tenants require.
$825,000-$900,000
56&58 William & 1,2,3 Ivy Street Cobram
Property History for 3/2a Ivy St, Cobram, VIC 3644
- 16 Aug 2022Sold for $160,000
- 12 Jul 2022Listed for Rent - Price not available
- 16 Feb 2022Listed for Sale $825,000-$900,000
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0About 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.
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