SoldCobblebank · VIC 3338
View Property6 Beaury Avenue
ResidentialSold · Sept 2026$625,000Sold in 24 daysResidential
422392
Cobblebank VIC Real Estate: Prices, Lifestyle and Local Insight
Cobblebank is one of Melbourne's newest suburbs, in the City of Melton, about 33 kilometres west of the CBD, purpose-built around its own 2019 station with a major activity centre, hospital, and stadium planned at its heart. Q6 serves it as an independent City-of-Melton agency, based in nearby Caroline Springs.
01 · The Suburb
Cobblebank House Prices and Property Market
Cobblebank VIC has a median house price of about $625,000 as of June 2026, an entry-level figure in one of Melbourne's newest suburbs, with flat-to-soft recent growth. The suburb sits about 33 kilometres west of Melbourne in the City of Melton, around 3 kilometres south-east of Melton's town centre.
33 km westDistance to CBD
$625,000Median house price · VIC 3338
Most activity is new house-and-land and early resales in a small but rising market, with sales up around a third on the year. Homes sell quickly at around 24 to 30 days, though a growing pipeline of new building adds emerging supply pressure. Cobblebank is entry-priced, similar to Rockbank and below Truganina, Tarneit, and the Woodlea estates.
Published medians range from about $602,000 to $698,000 across sources, with the CoreLogic figure near $625,000 the more defensible read. Recent growth has been broadly flat, in line with a young suburb still filling out.
For investors, Cobblebank returns a gross rental yield near 3.8%, with house rents around $450 a week. Tenant demand is steady from a young, family population, and the longer-term case rests on the planned infrastructure rather than current returns alone.
Cobblebank at a glance
Indicative market data - 12 months to May 2026Median house
$625,000
entry-level for the area
Median house rent
$450/wk
3.8% yield
House sales (12 months)
100-120
~24-30 days
Postcode
3338
Melton
Distance to CBD
33 km west
02 · On the market
Property for Sale & Rent in Cobblebank
Q6 lists homes for sale and rent across Cobblebank, from new house-and-land in estates such as Atherstone to early resales, updated as they reach the market. Stock is mostly new and recent housing, with land and townhouses alongside three and four-bedroom family homes.
No properties listed in Cobblebank right now
03 · Why live here
What It Is Like to Live in Cobblebank VIC
Cobblebank is one of Melbourne's newest suburbs, gazetted in 2017 and purpose-built around its own station, with a major activity centre, hospital, and stadium planned at its heart.
Its own station
Cobblebank station opened in 2019 on the Ballarat line, giving the new suburb rail access from the start.
A planned town centre
Cobblebank is designated as a future activity centre, with the Western BACE commercial hub anchoring local retail and jobs.
A hospital and stadium
the new Melton Hospital and the Cobblebank Stadium are being delivered nearby, set to anchor health and sport for the corridor.
Young families
a modern, family-focused community led by the Atherstone estate, mostly owner-occupied, with parks and schools.
Still taking shape
much of the activity centre, hospital, and town centre is planned or under construction rather than complete.
04 - Local lifestyle
Schools, Parks and Transport in Cobblebank VIC
Cobblebank is served by new and emerging schools, estate parks, its own station, and a planned town centre, with the established Melton centre close by.
Schools
- New schools
- Catholic Regional College Melton
- Independent schools
- Childcare and early-learning centres
Parks & Recreation
- Seven local parks
- Walking and cycling paths along Toolern Creek
- The Cobblebank Stadium
- Estate playgrounds and community facilities
Transport & Shops
- Cobblebank station
- Local buses linking Melton
- Woodgrove centre, Melton town centre
- Western Freeway
05 · Recently Sold
Recent Results in Cobblebank.
Q6's recent sales across Cobblebank and the City of Melton show what local homes are achieving in a new, fast-selling market.
Sold
SoldCobblebank · VIC 3338
View Property82 Riverside Concourse
ResidentialSold · May 2026$740,000Sold by Q6Residential
422512
SoldCobblebank · VIC 3338
View Property59 Coltan Avenue
ResidentialSold · Aug 2019$450,000Sold by Q6Residential
422—
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Where Q6 Works Across Cobblebank VIC
Q6 works Cobblebank as part of its home City of Melton, from the Caroline Springs office a short drive away. The team covers the suburb's new estates and early resale homes, from house-and-land to completed family properties.
Melton South · 3338Strathtulloh · 3338Weir Views · 3338Melton · 3337Brookfield · 3338Rockbank · 3335Thornhill Park · 3335Aintree · 3336Caroline Springs · 3023
06 · Local Expert
Real Estate Agents in Cobblebank VIC at Q6
Q6 is an independent City-of-Melton agency based in nearby Caroline Springs, holding a 4.7 rating from 227 reviews as a local agency since 2011. You deal with a senior agent from first appraisal to settlement, with pricing built from recent comparable sales rather than builder list prices, and fees set out in full before you sign.
07 · Enquire
Talk to a Cobblebank Agent
Tell the Q6 team what you are after in Cobblebank, a sale appraisal, a rental, or a property to buy, and a senior local agent will reply the same business day.
Q6 Real Estate
Shop 21A/13-15 Lake Street
Caroline Springs VIC 3023, Australia
Caroline Springs VIC 3023, Australia
Office hoursMon – Fri: 9:00 am – 5:00 pm
01Is Cobblebank a Good Place to Live?
Cobblebank is one of Melbourne's newest suburbs, valued for its own station, an entry price, and a major town centre, hospital, and stadium planned at its heart. It suits young families and first-home buyers happy to settle in a new area as it develops. The honest context is that much of the headline infrastructure is still being built rather than complete.
02Is It Expensive to Live in Cobblebank?
Cobblebank is entry-priced, with a median house price near $625,000, similar to Rockbank and below Truganina, Tarneit, and the Woodlea estates. It is one of the lower-cost ways into a new western suburb with its own station. Rents sit around $450 a week.
03What Is the Median House Price in Cobblebank?
The median house price in Cobblebank is about $625,000 as of June 2026, with broadly flat recent growth. Published figures range from about $602,000 to $698,000 across sources, with the CoreLogic read near $625,000 the more defensible figure.
04Is Cobblebank a Good Place to Invest?
Cobblebank is an upside-dependent buy. The station, the planned activity centre, the new Melton Hospital, and the stadium are the longer-term case, and the yield near 3.8% with steady tenant demand supports it. The risks are flat recent growth, rising new supply, and the fact that the headline infrastructure is still under construction.
05Is Cobblebank Safe?
Cobblebank is a new, young-family suburb generally regarded as quiet and safe. As a still-developing area, services and street activity are building up alongside the housing. As with any suburb, it is worth visiting at different times before buying.
06Does Cobblebank Have a Train Station?
Cobblebank has its own station, opened in 2019 on the Ballarat line, which gives the new suburb rail access to the city. Local buses link Cobblebank with Melton and Caroline Springs, and the Western Freeway is nearby for driving. The suburb was purpose-built around the station.
07Is Cobblebank a New Suburb?
Cobblebank is one of Melbourne's newest suburbs, gazetted in February 2017 as one of eleven new suburbs created in the City of Melton, east of Toolern Creek and formerly part of Melton South. It was purpose-built around its station and is projected to grow many times over in the coming decade. The population was around 3,600 at the 2021 census and is rising quickly.
08What Is Cobblebank Known For?
Cobblebank is known as a brand-new suburb built around its own station, planned as a major activity centre for Melbourne's western growth corridor. It is known for the new Melton Hospital and the Cobblebank Stadium being delivered nearby, and for the Atherstone estate. The suburb sits about 33 kilometres west of the city in the City of Melton.
Work With Us
Book a Free Cobblebank VIC Appraisal
For a realistic figure on a Cobblebank home, a free Q6 appraisal is priced from recent comparable sales in 3338, not a builder's price list. Q6 has worked the City of Melton as an independent local agency since 2011, across sales, leasing, and property management. The first conversation is free, with no obligation to list.