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Cobbitty
AREA REPORTS

Cobbitty

Cobbitty - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2570

house

A steady increase in median property prices over a five-year period in the suburb translates to a -1.19% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $785,500

The augmented property values in the suburb are trailing behind the territorial average of 14.76% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $550.

Home owners selling their properties and realtors in COBBITTY usually have to wait an average of 61.9 days days before their assets are lifted off the market.

The NSW suburb ranks 419th on the list of best yielding suburbs for rental properties in NSW, posting a 3.64% return.

It also places places 1102nd in Australia based on median property value growth during the quarter.

Data report can be found below

Cobbitty
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $785,500 N/A
GROWTH REPORT
Median Quarterly 2.35% N/A
Median 12 month 9.86% N/A
Median 3 years -1.19% N/A
Median 5 years 4.74% N/A
10 years average annual 3% N/A
Weekly media advert. rent $550 N/A
Time on Market 61.9 days N/A
Gross Rental Yield Percent 3.64% N/A
demographics (median values)*
Total Population
40104
Weekly Household Income
2009
Household Size
3.00
Age
35
Monthly Loan Repayment
2253
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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