If you compare the increase in value of investment property in Cobbitty, 2570 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.23%.
Taking the average capital gain, or increase in median house value, Cobbitty,2570 has racked up an average of 6.23% over the period. This ranks it number 2679th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Cobbitty is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 1145th in terms of most discounted suburbs in NSW
In the last year 78 properties changed hands in Cobbitty, which puts it as the 403th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $545 mark per week – giving a return of 3.56% based on the median price in Suburb