CobblebankVIC · suburb profile
VIC 3338 · Melton
Daily life in Cobblebank is characterized by a strong reliance on cars, with 61.6% of residents driving to work. Public transport usage is relatively low at 5.3%, and 16.2% of the workforce works from home, which is below the Victorian average of 25.7%. The community has a family-oriented feel, with a high percentage of family households (86.2%) and an average of 3.4 people per household.
Sales · 12 months to August 2026
What property sold for in Cobblebank
Houses · Houses in Cobblebank sell for a median of $642,000 — 27.5% below the Victorian median, and up 5% on the year across 98 sales.
Half the houses sold fell in a narrow $579,000 to $677,000 band.
Houses
$642k
median of 98 sales
5% up on the previous twelve months.
Cheaper than 87% of the 426 suburbs we cover in Victoria.
Half sold between $579k and $677k.
Last sold within the past two weeks
Land
$350k
median of 18 sales
Too few sales to be reliable — treat as a rough guide
Half sold between $338k and $354k.
Last sold within the past two weeks
116 sales on record · data to 30 August 2026
Since 2022
How prices have moved
Houses · Houses were $645,000 in 2022 and are $642,000 today: four years of very little.
- Houses
- Land
Dashed lines and hollow points are part years — incomplete, so a dip may only mean fewer sales have happened yet. A break in a line is a year with no published figure, not a fall to zero.
| Year | Houses | Land |
|---|---|---|
| 2026 · part year | $642k | $350k |
| 2025 · part year | $620k | $291k |
| 2024 | $625k | $388k |
| 2023 | $647k | $250k |
| 2022 | $645k | $340k |
Quarter by quarter
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2026 Q2 | $644k | 20 | +3%low confidence20 sales this quarter, 27 the quarter before. Under 30 either side, the movement is mostly which homes happened to sell rather than the market moving. |
| 2026 Q1 | $625k | 27 | -3.1%low confidence27 sales this quarter, 28 the quarter before. Under 30 either side, the movement is mostly which homes happened to sell rather than the market moving. |
| 2025 Q4 | $645k | 28 |
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2026 Q2 | $350k | 7 |
A change is marked low confidence where either quarter had fewer than 30 sales. The medians are real; with a handful of sales the movement between them is mostly which homes happened to change hands, not the market moving.
Last 12 months
What an extra bedroom costs in Cobblebank
Houses · 4-bedroom houses, the most common sale here, run about $659,000; moving from 3 to 4 bedrooms adds roughly $99,000.
| Bedrooms | Median | Sales |
|---|---|---|
| 3 | $560k | 35 |
| 4 | $659k | 58 |
| 5 | $880k | 5 · few |
Counts with fewer than five sales are left out rather than estimated, and bigger does not always mean dearer — a bedroom count with few sales can be pulled either way by the particular homes that happened to change hands.
The read
What living here is actually like
Cobblebank is a suburb with a young median age of 29, significantly lower than the Victorian average of 38. The population of 3,602 is almost evenly split between males (49.9%) and females (50.1%). Families with children are prevalent, with 62.9% of households being couples with children, compared to 21.4% of couples without children. The suburb has a diverse cultural background, with 46.2% of residents born in Australia and a significant 24.8% born in India. Housing is predominantly separate houses, making up 99.3% of the dwellings.
Buyer fit
Who this suburb suits
One score per buyer type, out of 100, built from the demographic, housing and commute profile. Strongest first.
Buyer-fit score
Cobblebank · 0–100
Show data table
| Buyer type | Score |
|---|---|
| Families | 85 |
| Investors | 75 |
| First home buyers | 70 |
| Professionals | 65 |
| Retirees | 55 |
Why families score highest
The signals doing the work
- High percentage of family households at 86.2%
- Couples with children make up 62.9% of families
- Average household size of 3.4 people
- Predominantly separate houses (99.3%)
Against the state
How Cobblebank differs from Victoria
Every bar is this suburb. The vertical tick is the Victorian figure — the gap between them is the story.
Housing & movement
What’s built here, and how people leave in the morning
Dwelling mix
Share of occupied private dwellings
Show data table
| Dwelling type | Share |
|---|---|
| Separate houses | 99.3% |
| Townhouses | 0.3% |
How people get to work
Method of travel, 2021 Census
Show data table
| Method | Share |
|---|---|
| Worked from home | 16.2% |
| Drove a car | 61.6% |
| Public transport | 5.3% |
| Car passenger | 4% |
Costs 2021 Census
Census figures, collected in 2021. Rents and repayments have moved since — for what property is selling for now, see .
Top occupations
Share of the employed workforce
Key highlights
- Young population with a median age of 29 (VIC median 38)
- High labour force participation at 69.6%
- Above average median household income of $1,920 weekly (VIC $1,759)
- Predominantly separate houses at 99.3% (VIC 73.4%)
- High percentage of residents born in India at 24.8%
Things to be aware of
- Unemployment rate of 8.5% is above the VIC average of 5.0%
- Low percentage of homes owned outright at 4.7%
- Public transport usage is low at 5.3%
- High percentage of rented properties at 32.6% (VIC 28.5%)
- Lower work-from-home rate than VIC average
Coming soon to this page
Where the richer profile lands
Schools & catchments
Zoned primary and secondary, NAPLAN bands, distances.
Transport & access
Stations, tram routes, drive time to the CBD, walkability.
Development activity
Permits approved, projects underway, zoning changes.
Want to dig into one address in Cobblebank?
A suburb page gets you this far. For a specific block you get what homes of that size sell for here, the schools that address is zoned to, any subdivisions proposed within 500 m, plus lot dimensions, easements, planning overlays and true sun aspect — free, no account.
X-Ray an address →Data sources
Demographic figures from the Census of Population and Housing © Australian Bureau of Statistics, used under Creative Commons Attribution.
Cadastral and boundary data contains information © State of Victoria (Vicmap), licensed under CC BY 4.0.
Narrative summaries are AI-generated from the underlying data and may contain errors.
Base map © Mapbox © OpenStreetMap. Improve this map at openstreetmap.org/fixthemap.
Informational only — not financial, legal or planning advice. Verify zoning, overlays and catchments with the relevant council before relying on them. Data vintage: 2021 Census.