Cobblebank
Suburb profile, market snapshot and recent listings for Cobblebank, VIC 3338.
About Cobblebank
Welcome to Cobblebank
Cobblebank sits in Melbourne's outer west, part of the fast-growing corridor around Melton and roughly 35 kilometres from the CBD. It's a suburb still very much in the making, defined by new housing estates, wide new roads and the steady hum of construction that comes with any young growth area. For house hunters priced out of closer-in suburbs, it offers a foothold in the property market with brand-new homes and a genuinely community-in-progress feel.
With a median age of just 29 and a population of 3,601, Cobblebank has the profile of a suburb built around young families and first home buyers. It sits alongside similarly new pockets like Thornhill Park, Grangefields, Atherstone Strathtulloh and Aston (Estate) Strathtulloh, and neighbours the more established Park precinct, giving residents a growing web of local amenity as each estate matures.
Housing & architecture
Cobblebank is a suburb of new-build homes, and the numbers reflect that: current listings are almost entirely houses (95%), with the remaining 5% made up of vacant land ready for construction. Expect contemporary facades, double garages, open-plan living and the kind of energy-efficient design standards that come with recently released estates, rather than the period housing stock found in Melbourne's inner and middle suburbs.
Buyers are typically choosing between move-in-ready houses on estate blocks or vacant lots where they can build to their own plan, which gives the suburb a mix of finished streets and pockets still under development. This is standard for a suburb at this stage of its growth cycle, and it's part of the appeal for buyers wanting a fresh start rather than renovation work.
The property market
Cobblebank's median house price currently sits at $661,000, having recorded growth of 4.3% recently — a solid result for a growth-corridor suburb and a sign that demand is keeping pace with the steady release of new land and housing. For context, this remains well below the price point of established western suburbs closer to the city, which is a large part of Cobblebank's appeal to first home buyers and young families.
Renters are looking at a median of $473 per week, reflecting the suburb's newer housing stock and family-oriented rental demand. With such a young median age and a population still building, Cobblebank looks set to keep attracting owner-occupiers who want new housing at a comparatively accessible price, alongside investors backing the broader growth trajectory of Melbourne's west.
Getting around
Cobblebank has its own railway station on the Melton line, giving residents a direct rail connection into the Melbourne CBD without needing to drive into Melton itself — a genuine point of difference for a suburb this new. Road access is also a strong suit, with the Western Freeway and Melton Highway providing links towards Melton, St Albans and the broader western suburbs, as well as routes into the city for those who prefer to drive.
As with most estate-based suburbs, a car remains useful for the day-to-day, particularly while local bus routes and amenities continue to expand alongside the population. That said, having a train station within the suburb itself puts Cobblebank ahead of many comparable growth areas still waiting on rail infrastructure.
Schools & families
Families in Cobblebank have access to St Francis Catholic College's Cobblebank Campus, a local option within the suburb itself, with further government and independent schools available in neighbouring Melton and surrounding growth suburbs as those areas continue to build out their own facilities. Given the suburb's youthful population, schooling and childcare provision are naturally a big focus of ongoing local development.
The surrounding estates of Thornhill Park, Grangefields and the Strathtulloh precincts are following a similar trajectory, meaning families in Cobblebank can expect the broader local schooling network to keep expanding in step with population growth over the coming years.
Lifestyle & dining
Life in Cobblebank centres largely on home and neighbourhood rather than an established café strip or high street — that's still to come as the suburb matures. Residents currently lean on nearby Melton and the surrounding growth suburbs for larger shopping, dining and entertainment options, while local convenience retail typically arrives progressively as each estate reaches critical mass.
For buyers and renters, this is the trade-off familiar to any new-release suburb: less immediate lifestyle infrastructure in exchange for newer homes, more affordable entry prices and the sense of being part of a community from its early days.
Market snapshot
Cobblebank property market
Median sale price
$661k
House · 4 bed
Median rent
$473
per week
Gross rental yield
3.7%
annual rent ÷ sale price
Typical price range
Entry
$583k
Median
$661k
Premium
$768k
Days on market
34
Auction clearance
0%
Sold this year
64
Median sold price trend · House 4 bed
Compound growth +0.5% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Cobblebank by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Cobblebank, VIC 3338.
Population
3,601
residents (2021)
Median age
29
years
Household income
$1,920
median, per week
Median rent
$370
per week
Median mortgage
$1,850
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Cobblebank
Independent & Catholic schools
St Francis Catholic College - Cobblebank Campus
Recent results
Recently sold in Cobblebank
$599k
44 Adelong Boulevard
Sold ~July 2026
$647k
23 Ivory Street
Sold ~July 2026
$489k
15 Riverside Concourse
Sold ~July 2026
$589k
22 Alabaster Avenue
Sold ~July 2026
$600k
51 Stonehenge Drive
Sold ~July 2026
$640k
39 Ivory Street
Sold ~July 2026
$880k
71 Stonehenge Drive
Sold ~July 2026
$579k
15 Marble Drive
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Cobblebank
Compare the area
Price map around Cobblebank
Every listing for sale near Cobblebank, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Cobblebank suburb FAQ
What is the median property price in Cobblebank?
The median house price in Cobblebank, VIC is $661k for a 4-bedroom home. Over the past year, median sold prices have risen about 4.3%.
How much is rent in Cobblebank?
The median weekly rent in Cobblebank is around $473 per week.
Is Cobblebank a good place to live?
Cobblebank is a suburb in Melbourne, Victoria, Australia, 33 km (21 mi) west of Melbourne's Central Business District, located within the City of Melton local government area. Cobblebank is an established residential suburb in VIC, with a population of around 3,601 and 1 school in the area.
What is the population of Cobblebank?
Cobblebank has a population of 3,601 (ABS 2021 Census), with a median age of 29.
What schools are in Cobblebank?
There is 1 school in or near Cobblebank, including St Francis Catholic College - Cobblebank Campus.
How long do homes take to sell in Cobblebank?
Properties in Cobblebank take around 34 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Cobblebank?
Entry-level properties in Cobblebank start around $583k, while premium homes reach $768k.
What suburbs are near Cobblebank?
Suburbs near Cobblebank include Estate Strathtulloh, Atherstone Strathtulloh, Thornhill Park, Park and Grangefields.
Fresh to market
New this week in Cobblebank
4 Bed 2 Bath | 350m² South-Facing Cobble Springs, Cobblebank 3338
4 Bed 2 Bath | 350m² South-Facing Cobble Springs, Cobblebank 3338
4 Bed 2 Bath | 350m² North-Facing Atherstone, Cobblebank 3338
4 Bed 2 Bath | 392m² North-Facing Cobble Springs, Cobblebank 3338
Available now
Properties in Cobblebank
3 Bed 2 Bath | 350m² South-Facing Cobble Springs, Cobblebank 3338
Live, Work & Thrive. Ex-Display Home with Business Potential!
4 Bed 2 Bath | 350m² South-Facing Cobble Springs, Cobblebank 3338
4 Bed 2 Bath | 350m² South-Facing Cobble Springs, Cobblebank 3338
4 Bed 2 Bath | 392m² North-Facing Cobble Springs, Cobblebank 3338
East Facing Masterpiece|3 Living areas| Close to Primary School & New Hospital
Bright, Modern & Ready to Move In
LOCATION, LIFESTYLE & CONVENIENCE THE COMPLETE PACKAGE!
Mimosa Homes Proudly Presents the Lancaster 194
Five Bedrooms. Endless Possibilities, A Home That Truly Delivers for the Modern Family
