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Canbelego
NSW, 2835 - Cobar

Thinking about buying in Canbelego? Now could not be a better time, with just 288 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $631,000 with prices in this suburb ranging from $36,000 to $986,000. The aproximate distance to the coast is 484 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Canbelego Real Estate Market Outlook

In Canbelego there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Canbelego due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Canbelego changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Canbelego the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Canbelego there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Canbelego weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Sept0.99.523.622.967.83.919.3
Oct0.913.327.719.562.53.923.9
Nov1.416.730.917.356.14.127.0
Dec0.919.633.816.854.04.128.5
Jan1.122.236.416.854.24.227.3
Feb1.420.633.922.661.6424.2
Mar1.417.530.626.467.03.720.3
Apr1.013.326.228.372.93.217.0
May1.08.720.536.582.53.212.9
Jun1.46.416.746.791.33.210.6
Jul0.75.516.840.785.73.412.0
Aug0.6618.731.177.73.514.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

25-02-2022 $2,850,000 1542 YIMKIN RD YIMKIM
27-09-2021 $1,550,000 959 ELMORE RD
09-06-2021 $76,000 25 EDWARD ST
25-02-2021 $1,039,572 7540 BARRIER HWY
03-02-2021 $350,000 471 BOOROOMUGGA RD
18-01-2021 $100,000 1616 ELMORE RD
08-10-2020 $260,000 8150 BARRIER HWY
28-08-2020 $1,200,000 1542 YIMKIN RD YIMKIM
27-05-2020 $35,000 76 CORONGA ST
13-01-2020 $1,050 24 EDWARD ST
13-01-2020 $1,050 44 FLORIDA ST
13-01-2020 $1,050 41 MULGA ST
13-01-2020 $600 73 CORONGA ST
13-01-2020 $600 32 WOMBOIN ST
13-01-2020 $850 25 EDWARD ST
10-01-2020 $52,000 73 CORONGA ST
10-01-2020 $52,000 32 WOMBOIN ST
10-01-2020 $35,000 76 CORONGA ST
20-12-2019 $350 40 EDWARD ST
20-12-2019 $400 76 CORONGA ST
20-12-2019 $350 24 NULLAWARRA ST
20-12-2019 $350 10 EDWARD ST
29-10-2019 $20,000 1621 BOOROOMUGGA RD
11-07-2017 $285,000 752 YIMKIN RD
16-06-2017 $695,000 2141 BOOROOMUGGA RD
24-02-2017 $1,650,000 3010 CANBELEGO-NYMAGEE RD
13-12-2016 $187,000 1616 ELMORE RD
26-08-2016 $325,000 2141 BOOROOMUGGA RD
14-07-2016 $630,000 959 ELMORE RD
23-06-2016 $25,000 48 WOMBOIN ST
23-06-2016 $25,000 1 EDWARD ST
23-06-2016 $25,000 64 WOMBOIN ST
23-06-2016 $25,000 29 EDWARD ST
23-06-2016 $25,000 60 FLORIDA ST
23-06-2016 $25,000 39 NULLAWARRA ST
18-05-2016 $250,000 471 BOOROOMUGGA RD
26-11-2015 $1,330,000 3159 BOOROOMUGGA RD
14-08-2014 $110,000 479 BOOROOMUGGA RD
03-03-2014 $117,000 475 BOOROOMUGGA RD
31-08-2012 $1,315,000 3010 NYMAGEE RD
14-11-2011 $100,000 1 EDWARD ST
21-08-2006 $5,000 10 EDWARD ST
11-05-2006 $11,000 29 EDWARD ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

HermidaleCobarBabindaTindareyMiandettaGirilamboneHoneybugleCoolabahNymageePangee


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