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Cobar Park
NSW, 2790 - Lithgow

Thinking about buying in Cobar Park? Now could not be a better time, with just 29 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $380,000 with prices in this suburb ranging from $166,000 to $427,000. The aproximate distance to the coast is 96 Km.

Household Makeup

Median Weekly Rent $243.00
Median Monthly Mortgage $1350.00
Median Persons Per Bedroom 0.60
Average Household Size 2.00
Average Age 58.00
Average Income $564.00
Average Cars Per Dwelling 1.33
Average Properties Within 50M 10

Housing Stock

Average Property Prices

2 Bed  $166,000
3 Bed  $426,000

Cobar Park Real Estate Market Outlook

In Cobar Park 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. Low average incomes in Cobar Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Cobar Park 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. Lower than average industry presence in Cobar Park we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cobar Park a better buying opportunity than it may have been in the past.


Local Schools

Lithgow Public School

St Patrick's Catholic Primary School

Lithgow High School

Cooerwull Public School

(While the above schools are located with the suburb of Cobar Park 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.

Cobar Park 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
Jan2.113.127.939.693.91.622.0
Feb4.711.924.247.0951.818.7
Mar3.510.12250.795.71.615.4
Apr0.95.519.84596.01.414.0
May1.21.414.850.095.91.410.6
Jun1.40.911.658.996.21.48.6
Jul1.5-0.411.851.093.81.710.1
Aug2.2-0.412.445.393.61.912.4
Sept1.9216.540.694.31.816.4
Oct1.85.820.141.494.51.619.0
Nov2.77.723.334.792.32.023
Dec2.310.625.736.791.31.923.5

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

04-08-2022 $300,000 13 CRANE RD
10-11-2021 $155,000 10 CRANE RD
26-08-2020 $260,000 8 CRANE RD
03-06-2015 $190,000 10 CRANE RD
08-12-2010 $136,000 16 CRANE RD
08-02-2010 $198,000 20 CRANE RD
14-08-2009 $227,000 14 CRANE RD
20-03-2008 $330,000 32 CRANE RD
09-12-2005 $105,000 22 CRANE RD
14-04-2005 $70,000 35 CRANE RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Mckellars ParkMorts EstateHermitage FlatLithgowCorney TownOaky ParkOakey ParkPottery EstateVale Of ClwyddSheedys Gully

Public Transport


General Points of Interest

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