Colac Otway
Cobden
Cobden at a glance
Median house
$410,000
Median unit
$190,080
Walk score
8
Very car dependent
Population
1,804
Median age 51
The brief
What to know about Cobden.
Cobden (3266) sits in the Colac Otway region of Victoria. The median house here is $410,000, well below the Victoria median of around $850K.
Cobden has roughly 1,804 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare Cobden with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Cobden scores 8/100 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.
Schooling within or near the suburb covers 1 government primary, 1 government secondary.
Who lives here
Demographics.
The 2021 Census put Cobden's population at 1,804, with a median age of 51. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (75% own, 20% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (66% family households, 33% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,804
Median age
51
Family households
66%
Lone person
33%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $410,000 on a typical sale, well below the Victoria median. Units come in around $190,080, roughly 54% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $82,000. Prices are well below the Victoria median, which keeps Cobden on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$410,000
+0.0% over the past year. Median unit price $190,080.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$220/wk
Weekly rent (unit)
$220/wk
Owner occupied
75%
Renter occupied
20%
At a deeper level
$410,000
$190,080
1,804
Median age: 51
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For investors
Investment overview.
Gross rental yield on houses sits at 2.79% (median rent $220/wk against a $410,000 price tag). Units yield 6.02% gross, often the better cash-flow play for first-time investors. Renter share is modest (20%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.79%
Based on $410,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20266.02%
Based on $190,080 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 202675%
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.
83
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.
8
0
45
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Cobden.
Local schools for Cobden
View the catchment for each school to find out more.
Government School Catchment
Cobden Primary School
Cobden Technical School
Hampden P-12 School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Cobden.
- What is the median house price in Cobden?
- The median house price in Cobden, VIC 3266 is $410,000. The median unit price is $190,080. Annual growth is +0.0%.
- What is the Cobden postcode?
- Cobden is in the 3266 postcode, in VIC, in the Colac Otway region.
- What is the average rent in Cobden?
- The median weekly rent for houses is $220, for units it's $220.
- What schools are in Cobden?
- There are 3 schools serving Cobden on this page, including Cobden Primary School, Cobden Technical School, Hampden P-12 School.
- How walkable is Cobden?
- Cobden has a Walk Score of 8 out of 100, highly car-dependent. transit score 0, bike score 45.
- What suburbs are near Cobden?
- Cobden is close to Bostocks Creek, Jancourt, Bullaharre, Cobrico, Naroghid.
- What is the population of Cobden?
- Cobden has approximately 1,804 residents. The median age is 51.
Cobden
Guides
Surrounding Suburbs
Side by side
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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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