Side by sideSuburb comparison

Melton South vs Cobblebank.

Comparing two suburbs with median house prices of $525,500 and $602,500. Melton South edges out on more headline metrics in this comparison.

Melton South (median $525,500) is roughly 13% cheaper to buy into than Cobblebank ($602,500).

The takeWhich suburb suits which buyer

For buyers

Melton South is the lower entry point at $525,500 median, 13% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Melton South offers the higher gross rental yield (3.37% vs 2.94%), favouring cash-flow investors.

For families

Cobblebank has a heavier family-household mix (86% vs 69%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).

Common questionsMelton South vs Cobblebank

Common questions

Is Melton South or Cobblebank cheaper to buy in?

Melton South has the lower median house price at $525,500, roughly 13% below Cobblebank ($602,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Which suburb has higher rental yield, Melton South or Cobblebank?

Gross rental yield on houses is 3.37% in Melton South vs 2.94% in Cobblebank. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Melton South
Metric
Cobblebank

Price & Market

$525,500
Median house
$602,500
$392,500
Median unit
$271,440
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$341/wk
Rent (house / wk)
$341/wk
$300/wk
Rent (unit / wk)
$370/wk
61.0%
Owner occupied
65.0%
35.0%
Renter occupied
33.0%

Lifestyle & Demographics

2
Walk score
2
100
Transit score
0
100
Bike score
100
11,362
Population
3,601
35
Median age
29

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
979
Avg ICSEA
979

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).