House & Granny Flat in Cobram, VIC, Australia

Cobram, VIC 3644 — Investment Location Highlights

• Location & connectivity: Cobram is a major Murray River service town around 246–260 km north of Melbourne CBD and approximately 235 km by road to Melbourne Airport. Shepparton, the region’s major employment and services hub, is about 67 km away.
• Shopping & daily amenities: Established town-centre retail is complemented by the newer Cobram Village Shopping Centre, anchored by Coles, Chemist Warehouse, cafés and specialty retail.
• Lifestyle & recreation: Strong Murray River lifestyle appeal with Thompson’s Beach, riverside walking, fishing and boating, plus Cobram-Barooga golf facilities. Federation Park provides a regional playground and skate park close to the town centre.
• Education: Local schooling includes Cobram Primary School, Cobram Secondary College and Cobram Anglican Grammar School, providing government and independent options within the township.
• Healthcare: NCN Health Cobram provides hospital, urgent care, medical, dental, imaging and community-health services. Its Urgent Care Centre operates 24/7, while the nearest full public emergency department is in Shepparton.
• Public transport & roads: Cobram is positioned on the Murray Valley Highway and has V/Line coach connections through Shepparton, including services toward Melbourne and other regional centres.
• Rental demand: Indicative residential vacancy is around 1.38%, pointing to a relatively tight rental market. Houses are currently achieving around $500 per week, with an indicative gross yield of approximately 6.0%.
• Property market: Median house sales are around $470,000, with reported annual compound house-price growth of approximately 6.8%.
• Population: Cobram recorded 5,389 residents at the 2021 Census; the broader Cobram area is estimated at approximately 6,634 residents in 2026, indicating continued regional population growth.
• Infrastructure & housing growth: A Cobram East drainage strategy was endorsed in 2026 to support future residential development while improving stormwater and flood management. Local recreation investment also includes upgrades to Apex Reserve and Scott Oval sporting infrastructure.
• Employment: Cobram sits within a productive agricultural and food-processing region. Agriculture is Moira Shire’s largest employment sector, while dairy/cheese manufacturing, healthcare, retail, transport and local government are important local employers. Major food-processing operations in Cobram and nearby Strathmerton (~16 km) strengthen the employment base.

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