Suburb Profile Report for Cobargo NSW (2550)

Cobargo House: Median price $291,250, Annual capital growth -4.27%, Number of sales 26, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Cobargo is in the bottom 10% in NSW when comparing median price capital growth over the last year. Cobargo gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.43%.

While Cobargo,2550 ranked number 1109th in NSW for increase in median house value (annualised) increase, it is ranked 1075th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cobargo, 2550. Typically our figures indicate that -7.63% is being offered, which puts this NSW suburb at 950th most discounted overall in Australia.

HOUSE UNIT
$291,250 N/A
-1.27% N/A
-6.43% N/A
-4.27% N/A
N/A N/A
26 N/A
N/A N/A
146 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 637
Median household income ($/weekly) 656
Median age of persons 44
Median housing loan repayment ($/monthly) 1040
Average household size 2.5
  • Census Count Percent(%)
    0-4 years 55 8.6
    5-14 years 102 16.0
    35-44 years 60 9.4
    45-54 years 113 17.7
    55-64 years 102 16.0
    Others 207 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 192 45.6
    Not Married 169 40.1
    Defacto Relationship 60 14.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 550 89.4
    India 4 0.7
    Papua New Guinea 13 2.1
    United Kingdom 29 4.7
    Other 4 0.7
    Others 15 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 351 61.5
    No Religion 200 35.0
    Buddhism 20 3.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 16.7
    $400-$599 45 19.8
    $600-$799 30 13.2
    $800-$999 27 11.9
    $1,500-$1,999 19 8.4
    Others 68 30.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 226 49.2
    Employed, worked full-time 118 25.7
    Employed, worked part-time 89 19.4
    Employed, away from work 13 2.8
    Unemployed, looking for work 13 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 41 18.6
    Professionals 30 13.6
    Technicians & trades workers 37 16.7
    Community & personal service workers 39 17.6
    Labourers 32 14.5
    Others 42 19.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 62 39.5
    Secondary 53 33.8
    Pre-school 23 14.6
    Technical or Further Educational Institution 10 6.4
    University or other Tertiary Institutions 9 5.7
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 550 93.4
    House or flat attached to a shop, office 18 3.1
    Caravan, cabin, houseboat 9 1.5
    Semi-detached, row or terrace house, townhouse 8 1.4
    Flat, unit or apartment 4 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 108 45.8
    Being purchased 71 30.1
    Rented 57 24.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals