Suburb Profile Report for Cobar NSW (2835)

Cobar House: Median price $185,000, Annual capital growth 1.90%, Number of sales 63, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

With a capital gain of -6.33% for the last 12 months, Cobar, 2835 has performed for property investments than its average annual 1.90% property growth over the last 5 years.

The five-year average increase in median property values for Cobar,2835 has given property investors a potential capital gain of -4.15% across each of those five years.

Vendor discounting in Cobar is giving property investors an average Vendor Discount of around -9.11%. This puts suburb at number 76th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$185,000 N/A
-11.13% N/A
-6.33% N/A
1.90% N/A
$250 N/A
63 N/A
7.03% N/A
134.73 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 3816
Median household income ($/weekly) 1422
Median age of persons 35
Median housing loan repayment ($/monthly) 1322
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 522 13.7
    25-34 years 567 14.9
    35-44 years 509 13.3
    45-54 years 553 14.5
    55-64 years 398 10.4
    Others 1267 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 1107 44.5
    Not Married 966 38.9
    Defacto Relationship 412 16.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3169 91.6
    Papua New Guinea 72 2.1
    South Africa 18 0.5
    United Kingdom 44 1.3
    Other 65 1.9
    Others 92 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.6
    Christianity 2798 82.6
    Hinduism 14 0.4
    Other Religious Groups 8 0.2
    No Religion 541 16.0
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 7.8
    $400-$599 115 9.3
    $1,000-$1,249 104 8.4
    $1,500-$1,999 164 13.3
    $2,500-$2,999 182 14.7
    Others 573 46.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1268 46.8
    Not in the labour force 817 30.2
    Employed, worked part-time 394 14.5
    Employed, away from work 137 5.1
    Unemployed, looking for work 92 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 203 11.3
    Technicians & trades workers 380 21.1
    Clerical & administrative workers 165 9.2
    Machinery operators & drivers 394 21.9
    Labourers 193 10.7
    Others 467 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 72 9.4
    Infants/Primary 337 43.8
    Secondary 195 25.4
    Technical or Further Educational Institution 102 13.3
    University or other Tertiary Institutions 53 6.9
    Others 10 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3081 92.2
    Flat, unit or apartment 171 5.1
    Semi-detached, row or terrace house, townhouse 34 1.0
    Caravan, cabin, houseboat 30 0.9
    House or flat attached to a shop, office 24 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 607 44.3
    Fully owned 404 29.5
    Being purchased 354 25.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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