With a capital gain of -6.56% for the last 12 months, Cobargo, 2550 has performed for property investments than its average annual 3.11% property growth over the last 5 years.
Over the longer term, Cobargo has seen property prices show investors a 12.83% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Cobargo is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 457th in terms of most discounted suburbs in NSW
At number 3289 in a list of fastest selling suburbs, Cobargo is in the bottom 20% of suburbs in Australia with an average of days on market 124.61 for properties listed there.