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Cobblebank suburb profile

Cobblebank is an outer-west Melbourne suburb in the City of Melton that has transformed from farmland into a predominantly family-oriented residential area. The suburb is anchored by Cobblebank railway station and a new town centre with shops and civic services, and it features a sports precinct centred on a regional stadium. Streets are largely made up of contemporary detached homes in planned estates, with some larger lots and nearby open paddocks and reserves giving a semi-rural edge. It appeals to buyers wanting newer housing and family amenities, with rail and major roads linking residents to employment and education centres in the west.

Cobblebank property market performance

There are relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. House values rose a modest 3.0% over the last 12 months, taking the median house price to $640,000. Over the past three months 17 houses and 1 unit were sold, and houses sold in a median of 28 days.

The rental market in Cobblebank saw house rents average $460, down a moderate 2.1% over the last 12 months.

HousesUnits
Median price
Past 3 months
$640KN/A
Change in value
Past 12 months
3.0%N/A
Sold
Past 3 months
171
Median days on market
Past 12 months
28N/A
Average rent
Past 12 months
$460N/A
Change in rent
Past 12 months
-2.1%N/A

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Suburbs near Cobblebank

Some popular suburbs near Cobblebank include:

  • Weir Views: Newer residential area with parkland and lakes and family homes.
  • Eynesbury: Lifestyle-focused suburb with larger lots, paddocks and native bushland.
  • Strathtulloh: Master-planned suburb with modern housing, parks and community open space.
  • Mount Cottrell: Rural locality centred on the volcanic Mount Cottrell and surrounding farmland.
  • Melton South: Established residential area with mature street trees and local shops.
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