Cobar

Homeowners and real estate investors betting on COBAR, 2835 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 68.81%.

Property investors in COBAR enjoyed capital gains of 68.81% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $196,500.

Profits due to an downward trend in home prices there averaged -0.17% per annum over a 3-year period.

Home owners selling their properties and realtors in COBAR usually have to wait an average of 98.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $280 mark, reflecting a 7.41% increase in returns based on the current median price in COBAR.

COBAR, 2835 places 336th in Australia based on median property value growth during the quarter.