Suburb Profile Report for Cobar NSW (2835)

Cobar House: Median price $116,400, Annual capital growth -3.09%, Number of sales 83, Weekly median advertised rent $270

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

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Cobar is in the bottom 10% in NSW when comparing median price capital growth over the last year. Cobar gave property investors a dismal capital gain figure when compared to the rest of the state, with -47.09%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cobar has fallen somewhat when compared to the 5 year average annual rate.

Property investors looking for a bargain in Cobar should be aiming for at least -10.72% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Cobar have been waiting around 147.792 days to sell a property.

The NSW suburb of Cobar, 2835 is in the Cobar (A) local government area.

Metrics i HOUSE UNIT
$116,400 N/A
-4.59% N/A
-47.09% N/A
-3.09% N/A
$270 N/A
83 N/A
12.06% N/A
147.791666666667 N/A

Source: Monthly data update for Apr 2021 as supplied by CoreLogic. Data is reported to the period ending Jan 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Cobar NSW
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
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