Suburb Profile Report for Cobargo NSW (2550)

Cobargo House: Median price $291,250, Annual capital growth -0.22%, Number of sales 21, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.93% which means that Cobargo, 2550 has done well for property investors by showing a capital gain of 8.88% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Cobargo comes in at number 1258th in NSW.

Property buyers and investors in Cobargo 2550 should be seeing an average reduction in asking price of around -7.10% . This means that Cobargo is holding prices well when compared to other suburbs in NSW.

At number 3292 in a list of fastest selling suburbs, Cobargo is in the bottom 20% of suburbs in Australia with an average of days on market 126.52 for properties listed there.

Situated 304.54km from the CBD, Cobargo is one of Bega Valley localities in the postcode 2550.

HOUSE UNIT
$291,250 N/A
-8.98% N/A
8.88% N/A
-0.22% N/A
N/A N/A
21 N/A
N/A N/A
126.52 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Cobargo NSW
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