Cobbitty has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 13.74% to date .
If we look at median property appreciation over just the last three months, Cobbitty has given property investors a paper return of 2.97%. This puts Suburb as 391 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Cobbitty is $744975, with sellers offering an average of -2.02% off the asking price.
Often selling an investment property can take time, and in Cobbitty the average time real estate has been on the market is 97.89 days.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 10.50%.