Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
VIC › Cobblebank › Riverside Concourse
$602,000
Last sold
30 July 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
404 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$602,000
30 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Cobblebank (last 5 years) with land size have a median of $1,613/m² of land (n=143). Districts calculation from recorded sales — not a valuation.
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Vs Cobblebank
-7.2%
Median sale
Suburb $648,500
+0.31 pp
Gross yield
Suburb 3.95%
Suburb median $648,500 from 82 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $493/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cobblebank at a glance
5,549
People
$648,500
Median sale
$493/wk
Median rent
3.95%
Suburb gross yield
Median sale from 82 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White MeltonIn-Room Auction
Wednesday 30th of July @6pm
Melton Entertainment Park
Welcome to 32 Riverside Concourse, Cobblebank - a thoughtfully designed family home offering comfort, convenience, and contemporary living. Perfectly positioned in a sought-after location close to all local amenities, this well-appointed residence delivers a functional floor plan complemented by quality finishes and a low-maintenance lifestyle.
The home boasts four spacious bedrooms, including a master suite with a walk-in robe and private ensuite. The additional bedrooms all feature built-in robes and are serviced by a central bathroom and separate toilet, offering ample space for growing families. A dedicated laundry, linen storage, and walk-in pantry further enhance practicality throughout the home.
The heart of the home centres around an expansive open-plan kitchen, meals, and living zone that seamlessly connects to an alfresco area - ideal for year-round entertaining. The stylish kitchen is complete with modern appliances, generous bench space, and clever storage options. A secure double garage provides convenient internal access and additional storage potential.
Comfort is assured all year round with gas ducted heating and split system heating and cooling throughout the home. Situated in a prime Cobblebank location, this home offers easy access to schools, shopping precincts, parklands, public transport, and major road networks. Don't miss this incredible opportunity to secure a turnkey home in a thriving, family-friendly community.
Photo ID Required for All Property Inspections
Please refer to the link below for the most recent Due Diligence Checklist:
https://bit.ly/RWDue_Diligence
Please refer to the link below for Ray White's Collection Notice:
https://bit.ly/RW_PrivacyNotice
DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.
Listing description written by Joe Mavrikos, Ray White Melton — reproduced as published, not verified by Districts.