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Cobar
AREA REPORTS

Cobar

Cobar - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2835

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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 14.29%.

Property investors in COBAR enjoyed capital gains of 14.29% 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 $160,000.

Profits due to an downward trend in home prices there averaged -6.67% per annum over a 3-year period.

Home owners selling their properties and realtors in COBAR usually have to wait an average of 121.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $270 mark, reflecting a 8.78% increase in returns based on the current median price in COBAR.

COBAR, 2835 places 220th in Australia based on median property value growth during the quarter.

Data report can be found below

Cobar
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $160,000 N/A
GROWTH REPORT
Median Quarterly 10.34% N/A
Median 12 month 14.29% N/A
Median 3 years -20% N/A
Median 5 years -22.46% N/A
10 years average annual -0.02% N/A
Weekly media advert. rent $270 N/A
Time on Market 121.5 days N/A
Gross Rental Yield Percent 8.78% N/A
demographics (median values)*
Total Population
4173
Weekly Household Income
1628
Household Size
2.40
Age
35
Monthly Loan Repayment
1304
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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