Loading...
Loading...
The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
2023 Picki. All rights reserved.
Cobargo is a suburb in Area of Bega Valley, Australia with 776 residents. The median house price is $670K with a rental yield of 2.9%. Our analysis rates Cobargo with a suburb score of 91/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
91
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
Loading...
What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Cobargo has a suburb score of 91/100 for investment timing, placing it among the top-performing suburbs in Area of Bega Valley for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Cobargo as a priority suburb.
Cobargo's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Cobargo include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Cobargo has outperformed many suburbs in Area of Bega Valley for property value appreciation.
Cobargo is located within Area of Bega Valley Local Government Area in Australia. Area of Bega Valley encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Cobargo is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Cobargo is $670K based on recent sales data. This median price positions Cobargo as a mid-market suburb in Area of Bega Valley, balancing accessibility for investors with capital growth potential.
Cobargo has an average rental yield of 2.9%, which is below the national average, which is common in premium or high-growth suburbs where investors prioritize capital appreciation over rental income. Investors in Cobargo typically focus on long-term wealth building rather than immediate cash flow.
Cobargo has a population of approximately 776 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Cobargo is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Cobargo's suburb score of 91/100 can be compared against other suburbs in Area of Bega Valley to identify relative investment value. With a score above 80, Cobargo ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Area of Bega Valley using our platform to find the best investment opportunities.
