If you compare the increase in value of investment property in Cobar, 2835 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.06%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cobar has increased when compared to the 5 year average annual rate.
At number 53th of NSW’s most discounted properties, Cobar is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Cobar, 2835’s gross rental yield is 6.30%