Suburb Profile Report for Cobar NSW (2835)

Cobar House: Median price $206,353, Annual capital growth 4.43%, Number of sales 51, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Cobar has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.83%

Over the longer term, Cobar has seen property prices show investors a -7.78% return over the last 3 years. This is an improvement over the last 12 months

Property buyers and investors in Cobar 2835 should be seeing an average reduction in asking price of around -10.90% . This means that Cobar is holding prices well when compared to other suburbs in NSW.

Cobar, 2835’s gross rental yield is 6.55%

HOUSE UNIT
$206,353 N/A
2.19% N/A
3.83% N/A
4.43% N/A
$260 N/A
51 N/A
6.55% N/A
152.32 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (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
Chart Table
Recent sales & rentals