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
$705,000
Last sold
11 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
440 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
$705,000
11 Apr 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
+8.7%
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
UnknownArea
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 JioREAddressed: 46 Riverside Concourse
Suburb & Estate: Cobblebank - Atherstone
Guru Bhullar and Team Jio Real Estate Presents this massive 28 Sq House in Cobblebank. This stunning 4-bedroom, 2-bathroom house is now available for sale. With land area of over 440 sqm, this property offers ample space for you and your family to enjoy.
Upon entering the house, you will be greeted by a spacious lounge area and inviting timber interior. The property boasts a range of features including an alarm system, dishwasher, evaporative cooling, gas heating, and an intercom system. The internal laundry and remote garage provide convenience and ease of living.
For those seeking relaxation, the property also includes an inside spa, perfect for unwinding after a long day. The rumpus room offers additional space for entertainment or as a play area for children.
Modern and Stylish kitchen designs are so impressive that anyone can fall in love with. Massive Premium range stone benchtop with waterfall, bulkhead, pendant lights and expensive appliances gives a luxury touch.
Step outside and you will find a beautifully custom designed with your very own second kitchen. Family and friends will have the time of their lives during parties and get-togethers. Furthermore, you have a fully fenced garden, ideal for outdoor activities and gatherings. All in all, this outdoor entertaining area provides the perfect setting for hosting friends and family.
Located in the desirable suburb of Cobblebank, this property offers a peaceful and serene environment. Melton Hospital construction adds boosting capital growth to this locality. Furthermore, the property is creek-facing, providing beautiful views and a tranquil atmosphere. Location is amazing as its close to all the amenities.
*** Nearby Amenities: ***
Walking distance:
• Atherstone's Palara Linear Park with an outdoor gym
2 min drive to:
• Strathtulloh Primary School - Newly opened P-6 in Atherstone
• Atherstone Traffic School - teach kids safe road rules
• Atherstone's athletics track with Melton's Little Athletics Centre for kids.
• Stone Ridge Park & Playground
• The Place Cobblebank - restaurants, cafes & more (Opened mid-April 2024)
4 min drive to:
• Cobblebank Village - Coles, Jetts Fitness, hairdressers & more
• Cobblebank Station - Newest Vline Station in the area
• Cobblebank Stadium - Sports clubs, facility hire, community programs & more
• Aspire Childcare Centre - Cobblebank
7 min drive to:
• St Francis Catholic College - Cobblebank Campus (Newly Opened)
8 min drive to:
• Western Freeway - Inbound and Outbound
• Central Square Thornhill Park - IGA, pharmacies, retail spaces & more
• Bunnings Melton, multiple retail stores, fast food and more
13 min drive to:
• Woodgrove Shopping Centre
***Future Developments***
• Melton Hospital under construction
• Government primary school in walking distance
...So much more, contact Veerpal to learn more.
Cobblebank and Strathtulloh's portions of Melton South have an increasingly exclusive amount of upcoming developments, schools, parks and a very tight-knit community with a firm focus on family living, making this area one of the fastest growing regions in the state.
So, before this property falls out of reach, call and enquire with Guru Bhullar at 0456216218 to ensure you do not lose out on this exceptional opportunity.
If you are looking to sell your home in order to purchase this masterpiece, call us for a free appraisal of your property at your earliest convenience.
For a Due Diligence Checklist, please refer to the following link: http://www.consumer.vic.gov.au/duediligencechecklist.
DISCLAIMER: All dimensions provided are approximate. The information given is for general purposes only and does not constitute any representation by the vendor or agent.
Listing description written by Guru Bhullar, JioRE — reproduced as published, not verified by Districts.
Victoria 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.