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.