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Cobar Shire, NSW

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Cobar Shire is a local government area in the New South Wales region of Orana. The LGA’s property market is generally characterised by low to medium priced homes on large acreages. There is a wide range of properties available, from rural and lifestyle properties to those closer to the towns. The market is reasonably active, with buyers typically looking for properties that offer good value for money.

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The Cobar Shire economy is based on the mining, agricultural, and tourism industries. The Cobar Shire is home to a number of mines including the Cannington silver and lead mine, the Peak Hill gold mine, and the Tritton copper mine. The agricultural industry is based on sheep and cattle farming, while tourism is based on the natural attractions in the area, including the Cobar Peneplain, the Cobar Lakes, and the Yarrunga Valley.

In Cobar, the typical weekly personal income for residents aged 15 and older is $706.

The properties are usually large parcels of land, with plenty of room for animals and farming. There are also some properties that are more suburban, with large yards and houses. In Cobar, 90.4 % of occupied private residences are detached houses, 1.3 % are semi-detached, row or terrace houses, townhouses, or other buildings, 6.3 % are flats or apartments, and 2.0 % are other housing.

If you’re considering investing in property in Cobar Shire, NSW, there are a few things to keep in mind:

  • Cobar Shire is a relatively rural area, so properties here tend to be on the lower end of the price scale. This could be a good thing if you’re looking for a bargain, but it’s important to keep in mind that you may not have as much access to amenities and services as you would in a larger town or city.
  • The Cobar Shire economy is based largely on agriculture and mining, so you may want to do some research into the current state of these industries before investing.
  • There are a few good options for property investment in Cobar Shire, including established towns like Cobar and Nyngan, and rural areas like Bourke and Brewarrina.
  • Be prepared for some challenging weather conditions, especially in the winter months.

Overall, if you’re looking for a property investment that offers good value for money, Cobar Shire could be a good option. Do your research into the local economy and make sure you’re comfortable with the weather conditions before you decide to invest.

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Suburb Heatmap Analysis

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

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How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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Property Market in Cobar Shire Council, NSW

What other property markets are there near Cobar Shire Council, NSW?

Cobar Shire Council is surrounded by 1 other council area – Lachlan.

How many people live in Cobar Shire Council, NSW?

There are approximately 5000 people living in roughly 2500 dwellings in total, with an average household size of 2.4.

What are current and planned infrastructure projects in Cobar Shire Council, NSW?

Notable infrastructure projects include Ward Oval – Early Learning Centre, Ward Oval Re-alignment, Euabalong Walking Track, Memorial Swimming Pool Masterplan and Business Case.

What major retailers are there in Cobar Shire Council, NSW?

The main retail centres are Harvey Norman Cobar, FoodWorks.

What is the main industry in Cobar Shire Council, NSW?

Such sectors as mining sector and pastoral industries make up the largest part of the employment.

What are the dominant demographic groups in Cobar Shire Council, NSW?

Among approximately 5000 people in Cobar Shire Council males and females make roughly 51% and 49% respectively. The median age of people is 36 years. Children aged 0-14 years account for approximately 22% of the population, and those aged 65+ years account for 14%.

How is unemployment rate trending in Cobar Shire Council, NSW?

Among approximately 2200 people employed, roughly 66% work full-time, 21% work part-time, and an estimated 6% are unemployed.

Suburbs/localities in this Local Government Area: Cubba 2835, Eremerang 2877, Euabalong 2877, Euabalong West 2877, Gilgunnia 2877, Irymple 2835, Kerrigundi 2835, Kulwin 2835, Mount Hope 2877, Noona 2835, Nymagee 2831, Sandy Creek 2835, Tindarey 2835, Bulla 2835, Byrock 2831, Cobar 2835

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