Median price trend for houses
Based on 118 sales in the preceding 12 months
$625,000
Up 2.8% over 12 months
- 3 bed
- $559k
- 4 bed
- $650k
- 5+ bed
- $803k
Aerial view
Imagery © Esri
The quick read on
Cobblebank
VIC 3338 · Melton
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $625,000
- Population
- 3,601
- Postcode
- 3338
latest suburb median
ABS 2021
Cobblebank, Victoria
Property market insights for Cobblebank
Median sale price and rental income of properties in Cobblebank VIC
Median rent trend for houses
Based on 183 rental listings in the preceding 12 months
$450 per week
No change over 12 months
Market data updated October 2026.
The median house price in Cobblebank, VIC is currently $625,000, based on the latest 12 months of sales. Cobblebank has a 12-month growth rate of 2.8% for houses.
Three-bedroom houses have a median sale price of $559,000, Four-bedroom houses have a median sale price of $650,000, Larger houses have a median sale price of $803,000 in Cobblebank.
If you're looking to lease, the median rent for houses in Cobblebank is $450 per week. The median house rent has remained unchanged over the last 12 months.
Crime and safety
Is Cobblebank safe?
The overall rate for Cobblebank is 9,594 offences per 100,000 residents — 140% above the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Cobblebank.
Overall crime rate
9,594
offences per 100,000 residents
140% aboveGreater Melbourne
CobblebankGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Cobblebank?
Cobblebank VIC 3338 is in Victoria, within Greater Melbourne.
3,601 people call Cobblebank home, with an average of 3.4 people per household and a median household income of $1,920 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 3,601
- Median age
- 29 years
- Median mortgage
- $1,850 / month
- 2021 household rent
- $370 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1532.1%Above
15–3435.4%Above
35–5426.4%Below
55–746.1%Below
75 and over0.3%Below
Homes
Share of occupied private dwellings.
Separate houses99.4%Above
Townhouses0.3%Below
Apartments0.0%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright4.9%Below
Paying a mortgage61.7%Above
Renting33.5%Above
Cars at home
Vehicles available to occupied households.
No car1.9%Below
One car29.2%Below
Two cars50.9%Above
Three or more17.7%In line
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home16.2%Below
Drove to work61.6%Above
Train, tram or bus2.7%Below
Walked or cycled0.3%Below
What stands out in Cobblebank
16.2% of workers in Cobblebank worked from home on Census day — less common than across Greater Melbourne.
24.8% of Cobblebank residents were born in India, about twice the rate across Greater Melbourne.
18.7% of people in Cobblebank described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Cobblebank
Open any question for a plain-English reading of the public 2021 Census for Cobblebank VIC 3338.
Is Cobblebank family-friendly?Age, family structure and household size describe the community families would be joining.
32.1% of Cobblebank's residents were children under 15 in the 2021 Census. That is well above the Greater Melbourne average.
912 family households lived in Cobblebank; 62.9% were couple families and 14.0% were one-parent families.
67.7% of local families included children under 15. That is well above the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Cobblebank?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Cobblebank had 3,601 residents at the 2021 Census.
45.1% of residents were aged 25 to 44.
6.4% were 55 or older. That is about half the Greater Melbourne rate.
Age shares use the suburb’s total Census population.
What kind of homes are in Cobblebank?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 99.4% of occupied private dwellings in Cobblebank.
Townhouses and other attached homes represented 0.3% of occupied private dwellings.
Flats and apartments accounted for 0.0% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Cobblebank?Tenure shows how many households own outright, have a mortgage or rent.
4.9% of households with a stated tenure owned their home outright. That is about half the Greater Melbourne rate.
61.7% were buying their home with a mortgage.
33.5% rented their home. That is close to the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Cobblebank?Household-size data shows the mix behind the suburb-wide average.
The average household in Cobblebank had 3.4 people.
One-person households made up 11.7% of occupied homes. That is about half the Greater Melbourne rate.
Two-person households represented 18.5%, while 45.1% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Cobblebank?Census-day travel shows the balance between home, road, public transport and active travel.
16.2% of workers worked from home on Census day. That is well below the Greater Melbourne average.
61.6% drove a car as their only travel method. That is well above the Greater Melbourne average.
2.7% used only a train, tram or bus, while 0.3% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Cobblebank?Vehicle availability helps describe the routines local households can support.
1.9% of occupied households had no motor vehicle available. That is about half the Greater Melbourne rate.
One-car households formed 29.2% of the total.
68.6% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Cobblebank, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
13.0% were at the same address five years earlier, while 87.0% reported a different address.
48.4% of residents were born outside Australia. That is well above the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Cobblebank?Language at home gives a direct view of the community’s everyday linguistic mix.
38.1% of residents used only English at home.
55.7% used a language other than English at home.
0.4% spoke Mandarin at home, 0.0% spoke Cantonese and 3.1% spoke Hindi.
Home language is separate from English proficiency.
Where were Cobblebank residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
48.4% of Cobblebank's population was born outside Australia, while roughly 51.6% was born in Australia.
0.1% of residents were born in China.
24.8% were born in India, while Australian citizenship across the whole suburb stood at 69.8%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Cobblebank?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 14.5% of ancestry responses in Cobblebank.
Australian ancestry made up 16.0% of responses.
Chinese ancestry represented 1.4% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Cobblebank?Occupation describes a person’s role; industry describes the sector employing them.
16.2% of employed residents worked in professional occupations. That is well below the Greater Melbourne average.
Managers accounted for 6.7% of employed residents, while clerical and administrative workers made up 11.8%.
Health care and social assistance employed 14.8% of workers, and education and training employed 4.7%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Cobblebank?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 69.6%, compared with 64.1% across Greater Melbourne.
41.1% of residents aged 15 and over worked full time, while 18.5% worked part time.
Unemployment was 8.4%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Cobblebank show?Selected long-term health conditions help describe community service needs.
74.5% reported no selected long-term health condition.
5.2% reported a long-term mental health condition, including depression or anxiety.
6.4% reported asthma, 2.1% arthritis and 3.2% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Cobblebank?Qualifications describe the study pathways represented among local residents.
28.1% of people in the qualifications table held a bachelor degree. That is somewhat below the Greater Melbourne average.
Postgraduate degrees accounted for 11.2% of qualification responses.
Diploma-level qualifications represented 22.4%, while certificate-level qualifications represented 23.0%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Cobblebank?Census income and household payments give historical context for local living costs.
Median household income was $1,920 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,850.
Occupied renting households reported a median rent of $370 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Cobblebank compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 16.2% in Cobblebank, compared with 28.8% across Greater Melbourne.
Outright ownership was 4.9% locally and 30.7% across Greater Melbourne. That is about half the Greater Melbourne rate.
Renting accounted for 33.5% in Cobblebank, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Cobblebank
Is Cobblebank expensive?
The median house price is $625,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Cobblebank good for families?
The Census counted 912 local families, and 32.1% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Cobblebank?
Larger houses have a median around $803,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Cobblebank
95 streets in Cobblebank
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Abey Rd
- Adelong Bvd
- Agonis Street
- Akuna St
- Alabaster Ave
- Alfred Rd
- Alyssum St
- Amber
- Ambervue Dr
- Amethyst Rd
- Avebury Dr
- Beaury Ave
- Bridge Rd
- Brooklyn Road
- Broughton Ave
- Bundy Dr
- Business Drive
- Camellia St
Show all 95 streetsShow fewer streets
- Carne St
- Cavern Drive
- Chandler
- Cinnabar
- Cobalt Cr
- Cobble St
- Coltan Ave
- Copal St
- Coral St
- Crawford
- Creekwood
- Crystal Rd
- Darwinia
- Diamantina
- Diamond Pde
- Dryandra St
- Duloe
- Ferris Rd
- Finniss Ave
- Fiona Rd
- Fraser St
- Gem Cr
- Genoa Ch
- Grazier St
- Halls Vsta
- Hartland
- Hillingsworth Drive
- Hollingsworth Drive
- Huon Rd
- Industry Drive
- Insight Street
- Investment Street
- Ivory St
- Jade Cr
- Jasper
- Jester Dr
- Jordan
- Kingia St
- Larneuk Dr
- Macalister Gr
- Marble Dr
- Maribyrnong
- Maryburgh Rd
- Masa Street
- Mayfield St
- Merino St
- Mortlock Street
- Mossman Gr
- Mount Cottrell Rd
- Oaky Cr
- Opal St
- Penver Dr
- Protea Ln
- Retail Avenue
- Riverside Con
- Ruby Rd
- Ryegrass Street
- Sapphire Rd
- Shakamaker Drive
- Shale
- Shogaki Dr
- Slate
- Sorrel St
- Springbrook Pwy
- Stadium Drive
- Stonehenge Dr
- Stuchbree St
- Sunstone Dr
- Timbarra Ch
- Torrens
- Tourmaline Dr
- Treeleaf Ln
- Whinstone Street
- Wholesale Street
- Wollemia St
- Yarrow St
- Zirconia
12 suburbs surrounding Cobblebank
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Cobblebank right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.