Cobbora, a small locality in the Warrumbungle region of New South Wales, offers a tranquil and laid-back lifestyle that appeals to those seeking an escape from the hustle and bustle of city life. The housing market in Cobbora is characterized by its affordability and rural charm, making it an attractive option for families and retirees. Properties here tend to feature larger plots of land, often offering beautiful views of the surrounding countryside. Although the market is less dynamic than urban areas, it provides a stable and slower-paced environment for buyers who appreciate the area's natural beauty and community spirit.
Living in Cobbora means embracing a close-knit community where neighbors know each other and local events bring everyone together. The area is known for its stunning landscapes and outdoor recreational opportunities, with the Warrumbungle National Park nearby offering hiking, bird watching, and stargazing. Despite its rural setting, Cobbora ensures a peaceful lifestyle while still being within reasonable driving distance to larger towns for necessities. The community exudes a friendly and welcoming atmosphere, making it an ideal place for those looking to enjoy a serene way of living in the heart of New South Wales' natural splendor.
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Thinking about buying in Cobbora? Now could not be a better time, with just 113 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $922,000 with prices in this suburb ranging from $678,000 to $925,000. The aproximate distance to the coast is 233 Km.
In Cobbora 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 Cobbora 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 Cobbora 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 Cobbora 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.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Cobbora there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 16.5 | 32.1 | 34.4 | 90.2 | 4.3 | 25.4 |
Feb | 1.9 | 15.9 | 30.7 | 38.6 | 93.3 | 4.2 | 22.2 |
Mar | 3.2 | 14.2 | 27.2 | 46.1 | 95.4 | 3.6 | 17.6 |
Apr | 1.0 | 9.3 | 23.8 | 43.7 | 96.1 | 3.0 | 15.5 |
May | 1.0 | 5.4 | 19.8 | 45.0 | 95.9 | 3.0 | 12.1 |
Jun | 1.4 | 3.9 | 16.2 | 55.4 | 97.7 | 3.1 | 9.4 |
Jul | 1.3 | 2.3 | 15.9 | 49.7 | 95.0 | 3.4 | 10.6 |
Aug | 0.9 | 2.6 | 18.2 | 40.5 | 93.8 | 3.6 | 13.9 |
Sept | 1.1 | 4.9 | 22.4 | 32.5 | 91.5 | 3.7 | 18.8 |
Oct | 1.3 | 8.6 | 25.2 | 34.8 | 91.8 | 3.8 | 22.0 |
Nov | 2.6 | 12.2 | 28.1 | 34.1 | 90.7 | 4.0 | 24.9 |
Dec | 3.5 | 14.9 | 30.1 | 34.3 | 90.3 | 4.2 | 26.3 |
source: Australian Government Bureau of Meteorology
04-09-2024 | $894,516 | 380 Cobbora Road |
15-03-2024 | $340,000 | 1168 Spring Ridge Road |
06-05-2022 | $7,000,000 | 695 Cobbora Road |
08-06-2021 | $6,150,000 | 301 Boomley Road |
18-11-2020 | $250,000 | 133 Spring Ridge Road |
27-08-2020 | $1,600,000 | 2005 Golden Hwy |
21-08-2020 | $20,000 | 11 Birrewa Street |
30-03-2020 | $120,000 | 1168 Spring Ridge Road |
02-11-2018 | $1,200,000 | 1054 Narrawa Road |
15-03-2018 | $666,819 | 220 Sandy Creek Road |
20-02-2018 | $1,300,000 | 9 Sandy Creek Road |
20-02-2018 | $3,700,000 | 2408 Golden Hwy |
19-01-2018 | $2,800,000 | 800 Dapper Road |
19-01-2018 | $3,460,000 | 1129 Golden Hwy |
19-01-2018 | $520,000 | 90 Avonside West Road |
19-01-2018 | $101,000 | 1613 Spring Ridge Road |
19-01-2018 | $2,650,000 | 1069 Sandy Creek Road |
19-01-2018 | $450,000 | 230 Avonside West Road |
19-01-2018 | $345,000 | 1439 Golden Hwy |
19-01-2018 | $2,430,000 | 1070 Sandy Creek Road |
19-01-2018 | $2,260,000 | 1050 Spring Ridge Road |
15-12-2017 | $1,106,500 | 47 Dunedoo Street |
13-10-2017 | $32,000 | 1168 Spring Ridge Road |
05-07-2017 | $225,000 | 249 Spring Ridge Road |
17-03-2017 | $2,073,589 | 1198 Sandy Creek Road |
13-05-2016 | $555,000 | 885 Boomley |
25-02-2014 | $360,450 | 1190 Golden Hwy |
28-09-2012 | $530,000 | 1439 Golden Hwy |
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