Suburb Profile Report for Cobbitty NSW (2570)

Cobbitty House: Median price $796,750, Annual capital growth 0.23%, Number of sales 78, Weekly median advertised rent $545

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

Source: CoreLogic

  • House Report

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

Metrics i HOUSE UNIT
$796,750 N/A
0.85% N/A
6.23% N/A
0.23% N/A
$545 N/A
78 N/A
3.56% N/A
88.38 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1060
Median household income ($/weekly) 1472
Median age of persons 39
Median housing loan repayment ($/monthly) 2500
Average household size 3
  • Census Count Percent(%)
    5-14 years 151 14.2
    35-44 years 133 12.5
    45-54 years 185 17.5
    55-64 years 125 11.8
    65-74 years 99 9.3
    Others 367 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 443 57.1
    Not Married 293 37.8
    Defacto Relationship 40 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 859 84.4
    Netherlands 12 1.2
    New Zealand 21 2.1
    United Kingdom 50 4.9
    Other 22 2.2
    Others 54 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 887 87.8
    No Religion 110 10.9
    Buddhism 13 1.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 24 8.2
    $1,250-$1,499 28 9.5
    $1,500-$1,999 35 11.9
    $2,500-$2,999 35 11.9
    $3,000-$3,499 27 9.2
    Others 145 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 365 45.1
    Not in the labour force 244 30.2
    Employed, worked part-time 151 18.7
    Employed, away from work 26 3.2
    Unemployed, looking for work 23 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 108 20.0
    Professionals 96 17.7
    Technicians & trades workers 89 16.5
    Clerical & administrative workers 70 12.9
    Labourers 46 8.5
    Others 132 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 28 10.2
    Infants/Primary 102 37.1
    Secondary 83 30.2
    Technical or Further Educational Institution 23 8.4
    University or other Tertiary Institutions 36 13.1
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 970 97.9
    Flat, unit or apartment 16 1.6
    Semi-detached, row or terrace house, townhouse 5 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 134 40.6
    Being purchased 129 39.1
    Rented 63 19.1
    Other tenure type 4 1.2
    Tenure Type
Census 2011, ABS
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