Coimadai VIC Property Investment

Melton · 3340 · Score: 67/100 · Buy

Median House Price
$672K
Rental Yield
2.6%
Vacancy Rate
2.2%
Median Weekly Rent
$340/wk
Median Unit Price
$783K
Population
409
Days on Market
37 days
Annual Growth
6.3%

Coimadai Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$482.31/night
Occupancy Rate
48%
Est. Annual Revenue
$85K
AI Investment Analysis

Coimadai VIC Investment Brief

BUY2.6% gross yield on a $672,000$851,000 (sources disagree, range shown — do NOT quote a single number) median.

THE MARKET

Coimadai has compounded at 4.9%/yr over 5 years. Median sits in the $672,000$851,000 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 37 days (roughly balanced conditions).

  • Median house: $672,000$851,000 (sources disagree, range shown — do NOT quote a single number) | Units: $783,100
  • Gross yield: 2.6% | Net yield: 1.1%
  • 5yr price CAGR: 4.9%/yr | 3yr forecast: 11.3%/yr
  • Population: 409 | Owner-occupier rate: 76% | Affluence: Above Average
  • Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

RENTAL SNAPSHOT

  • Vacancy: 2.2% (improving) | Rental demand: High
  • Median weekly rent: $340/wk | Days on market: 37 (stable)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

  • Median nightly rate: $482/night | Occupancy: 48%
  • Estimated annual STR gross: ~$84,501/yr
  • vs long-term rent: $17,680/yr (+378% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • No major confirmed infrastructure projects on record.
  • Transport: Standard suburban transport access

BULL CASE

If Coimadai maintains 4%+ annual growth and vacancy stays below 1.5%, median prices could reach $772,800 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Coimadai pull back 10-15% from $672,000, with vacancy rising to 4.0% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
  • - Distance from CBD may limit long-term capital growth potential

COMPARABLE MARKETS

  • Noble Park (VIC): $825,401 median, 3.5% yield, 6.5% 1yr growth
  • Sebastopol (VIC): $475,000 median, 4.5% yield, 14.0% 1yr growth
  • Ardmona (VIC): $672,000 median, 1.9% yield, 7.5% 1yr growth

THE PLAY

Coimadai presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.6% and prioritise properties with value-add potential. Consider timing entry around the current stable phase of the market cycle.

  • Entry range: $604,800$739,200
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Pre-gentrification3.0/10
Middle-tier SEIFA — moderate gentrification pressure
Moderate capital growth (4.9% CAGR)
Active development pipeline (26250 approvals) — supply attracting new residents

Growth Forecast

high confidence
1yr Forecast
5.2%
p.a.
2yr Forecast
4.8%
p.a.
5yr Forecast
4.2%
p.a.

Basis: 5yr CAGR 4.9% + 10yr CAGR 5.1%

Growth drivers
  • +Strong population growth (3.9%/yr) driving demand
  • +Low rental vacancy (2.2%) — constrained supply
Headwinds
  • High supply pipeline (26250 new approvals) — may cap price growth

Suburb Metric Thresholds

3 green8 yellow5 red
Rental Vacancy Rate
2.2 high impact
Days on Market
37 high impact
Weekly Rent (house)
340 medium impact
5yr Price CAGR
4.89 high impact
10yr Price CAGR
5.14 high impact
1yr Price Growth
6.32 medium impact
Population Growth
3.93 high impact
Median Household Income
1806 medium impact
Unemployment Rate
4 medium impact
Public Transport Score
0 medium impact
School Zone Quality
6 medium impact
Distance to CBD
51.06 medium impact
SEIFA Advantage/Disadvantage
6 medium impact
Owner Occupier Rate
76.2 medium impact
Gross Rental Yield (%)
2.63 high impact
Net Rental Yield (%)
1.13 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

3,939

2020

6,172

2021

6,067

2022

5,509

2023

4,563

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3340

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population

25,614

Education (IEO)

5/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Coimadai VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $340/wk median rent for Coimadai. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Coimadai Primary School
PrimaryGovernment
6/10
Bacchus Marsh College
SecondaryGovernment
5.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.