Cobblebank at a glance
Median house
$602,500
Median unit
$271,440
Walk score
2
Very car dependent
Population
3,601
Median age 29
The brief
What to know about Cobblebank.
The postcode for Cobblebank is 3338 (VIC), part of Greater Melbourne.
The median house price in Cobblebank is $602,500.
Cobblebank (3338) sits in the Wyndham region of Victoria. The median house here is $602,500, below the Victoria median of around $850K.
Cobblebank has roughly 3,601 residents, with a young-family demographic. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Day to day
What it’s like to live here.
Cobblebank scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 9 government primary, 3 government secondary, 3 Catholic, 4 independent.
Who lives here
Demographics.
The 2021 Census put Cobblebank's population at 3,601, with a median age of 29. That sits as a young-family demographic. Households are mostly owner-occupied (65% own, 33% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (86% family households, 12% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
3,601
Median age
29
Family households
86%
Lone person
12%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $602,500 on a typical sale, below the Victoria median. Units come in around $271,440, roughly 55% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $121,000. Prices are below the Victoria median, which keeps Cobblebank on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$602,500
+0.0% over the past year. Median unit price $271,440.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$341/wk
Weekly rent (unit)
$370/wk
Owner occupied
65%
Renter occupied
33%
At a deeper level
$602,500
$271,440
3,601
Median age: 29
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For investors
Investment overview.
Gross rental yield on houses sits at 2.94% (median rent $341/wk against a $602,500 price tag). Units yield 7.09% gross, often the better cash-flow play for first-time investors. With 33% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.94%
Based on $602,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20267.09%
Based on $271,440 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202665%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
173
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
2
0
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Cobblebank.
Local schools for Cobblebank
View the catchment for each school to find out more.
Government School Catchment
Strathtulloh Primary School
Thornhill Park Primary School
Melton South Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Cobblebank.
- What is the median house price in Cobblebank?
- The median house price in Cobblebank, VIC 3338 is $602,500. The median unit price is $271,440.
- What is the Cobblebank postcode?
- Cobblebank is in the 3338 postcode, in VIC, in the City of Wyndham region.
- Where is Cobblebank?
- Cobblebank is a suburb of Melbourne, in VIC 3338. It is part of the Greater Melbourne area, in the City of Wyndham region.
- What is the average rent in Cobblebank?
- The median weekly rent for houses is $341, for units it's $370.
- What schools are in Cobblebank?
- There are 20 schools serving Cobblebank on this page, including Strathtulloh Primary School, Thornhill Park Primary School, Melton South Primary School.
- How walkable is Cobblebank?
- Cobblebank has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Cobblebank?
- Cobblebank is close to Melton South, Grangefields, Melton, Weir Views, Strathtulloh.
- What is the population of Cobblebank?
- The population of Cobblebank is approximately 3,601 (2021 Census). The median age is 29.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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