Suburb Profile Report for Cobargo NSW (2550)

Cobargo House: Median price $303,750, Annual capital growth -3.27%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Cobargo has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.41% to date .

Over the longer term, Cobargo has seen property prices show investors a 4.74% 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 -5.49. This rate of discount on properties puts Suburb at number 395th in terms of most discounted suburbs in NSW

Metrics i HOUSE UNIT
$303,750 N/A
4.29% N/A
0.41% N/A
-3.27% N/A
N/A N/A
24 N/A
N/A N/A
146 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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