At number 3763th in the list of Australian suburbs ordered by increase in median house value over the last year, Cobar, 2835 is in the BOTTOM 10% with a property value increase of -7.91% recorded in median house prices.
Comparing Cobar,2835 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Cobar is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 87th in terms of most discounted suburbs in NSW
In the last year 71 properties changed hands in Cobar, which puts it as the 457th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $250 mark per week – giving a return of 7.12% based on the median price in Suburb