Lot 134 - Balmoral North - Cobblebank

Description

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Cobblebank is a rapidly developing suburb in Melbourne’s outer west, located around 33 kilometres from the CBD within the City of Melton. Officially gazetted as a suburb in 2017, Cobblebank is part of a major urban growth corridor and is quickly transforming from semi-rural land into a thriving residential and commercial hub. The suburb is designed with a focus on modern living, offering new housing estates that appeal to young families, first-home buyers, and investors seeking affordability with future growth potential.

One of Cobblebank’s standout features is its transport connectivity. The suburb is served by Cobblebank railway station, which opened in 2019 on the Ballarat line, providing direct V/Line services to Melbourne and regional centres. Road access is convenient via the Western Freeway, and local bus routes enhance connections within the Melton area. This strong infrastructure makes Cobblebank attractive to commuters working in both Melbourne and nearby employment precincts.

Amenities in Cobblebank are expanding rapidly. The Cobblebank Metropolitan Activity Centre is a key development project set to bring major retail, commercial, health, and community facilities to the suburb. In the meantime, residents rely on nearby shopping centres in Melton, such as Woodgrove Shopping Centre, for retail and dining options. The suburb also offers growing access to medical centres, fitness facilities, and family services.

Housing in Cobblebank consists mainly of new estates with contemporary homes, making it an affordable entry point into the Melbourne property market compared to inner and middle-ring suburbs. With its combination of transport links, planned infrastructure, and ongoing development, Cobblebank is shaping up as a key suburb in Melbourne’s west, offering residents both convenience and long-term growth potential.

• Property Type: House and Land
• Property Stage:
• Price: $ 593,700.00
• Land Price: $ 259,000.00
• Build Price: $ 334,700.00
• Beds: 4
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Priano
• Completion: N/A
• Land Size: 212
• Area Size: 140.30
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 480.00
• Est. Body Corp.: N/A
• Title Status: July 2026
• Gross Per Week: $ 480.00
• Gross Per Annum: $ 22,360.00
• Gross Yield: 4.20%
• Capital Growth 12 Months: -0.68%
• Capital Growth 10 Year Annualised: 6.64%
• Vacancy Rate: 2.72%