Cobar, NSW

OVERVALUED

3,708 sales · 36 years of data · NSW, Australia

$300,000
Median (All)
$300,000
Median (Houses)
N/A
Median (Apartments)
5.2%
10yr CAGR
2.2%
36yr CAGR
0.0%
Strata %
36 years of data · 3,708 sales analysed · 2,500+ suburbs · Updated weekly

Cobar, NSW Property Market Overview

Cobar, NSW, postcode 2835, is a regional town located in western New South Wales. This analysis of the Cobar property market is based on 36 years of data, covering a total of 3,708 recorded sales. The current median property price for all dwellings in Cobar is $300,000, with houses also sitting at a median of $300,000.

Notably, there are no recorded apartment sales in Cobar, reflecting the town's predominantly detached housing stock. Cobar's property market offers a unique perspective due to its regional location and historical sales data. The town presents a different investment landscape compared to metropolitan areas, influenced by its mining industry and rural setting.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $830,094
Based on the 10-year compound annual growth rate of 5.2%
Predominantly houses0% apartments
100% of sales are houses and other non-strata properties
Loading chart...

Property Mix

100%
Houses 100%$300,000Apartments 0%N/A

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

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Street Rankings

Top streets in Cobar, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Louth RdHouse10$322,500
2Green StHouse9$255,000
3Monaghan StHouse15$285,000
4Wittagoona StHouse5$334,500

... and 225 more streets available

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  • Street price per m² analysis
  • Street annual growth rates (CAGR)
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Wood StHouse3$461/m²
2Becker StHouse9$455/m²
3Jones DrHouse3$482/m²
4Mathews StHouse3$493/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Becker StHouse+4.2%
2Louth RdHouse+4.6%
3Monaghan StHouse+2.9%
4Morrison StHouse+4.0%

... and more street growth rates

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Past growth rates are not indicative of future performance. This data is for informational purposes only.

Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

44
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

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Suburb Change

Density & development tracking

0%
apartments across the suburb

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

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229 streets to explore

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Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
0 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,708 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Cobar at a Glance

Region
Outback NSW
CBD Distance
Approximately 700km west-northwest of Sydney CBD
Train Station
No train station in Cobar. Nearest major station is in Dubbo.
Council
Cobar Shire Council
Property Character
Predominantly detached housing with a rural setting
Community
Families and individuals seeking affordable regional living

Cobar, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Cobar, NSW

Cobar offers a relaxed, rural lifestyle with a strong sense of community. The town has educational facilities such as Cobar High School and Cobar Public School. For shopping, residents rely on local businesses and supermarkets within the town centre. Parks like Drummond Park provide green spaces for recreation.

The character of Cobar is defined by its mining heritage and close-knit community. The town's amenities cater to the needs of its residents, fostering a comfortable and community-oriented environment. Cobar's laid-back atmosphere attracts those seeking a quieter pace of life.


Who Buys in Cobar?

The typical buyer in Cobar often includes families and individuals seeking affordable housing in a regional setting. With a median house price of $300,000 and no apartment options, Cobar primarily attracts those looking for detached homes. The 5.2% 10-year CAGR may appeal to some investors, while the 0.0% strata percentage indicates that apartments are not a consideration. The data suggests that Cobar is more attractive to owner-occupiers than apartment investors.

Market Analysis

Currently, the Cobar property market is positioned above its long-term trend, indicating that it's in overvalued territory. This classification suggests that property values in Cobar may be elevated compared to their historical average.

It's important to consider this cycle position when analysing the Cobar market. While this doesn't predict future performance, it provides a snapshot of the market’s current standing relative to its past trends. Understanding where Cobar sits in its property cycle can provide context for recent price movements.


Is Cobar a Good Investment?

Analysing Cobar's growth patterns reveals a unique investment landscape driven by its regional location and mining industry. The 10-year CAGR of 5.2% and 20-year CAGR of 3.9% indicate moderate long-term growth, while the full-period CAGR of 2.2% provides a broader historical perspective. The absence of apartments means investment is focused on detached housing.

Currently, the Cobar property market is positioned above its long-term trend, indicating it’s in overvalued territory. This means that property values are currently elevated compared to historical averages. While this data provides historical context, potential investors should conduct thorough due diligence and seek professional advice before making any decisions regarding the Cobar property market.


Cobar Market Outlook

As of early 2026, the Cobar property market is positioned above its long-term trend, suggesting it is currently in overvalued territory. Recent price trends in Cobar should be considered in light of this cycle position. It's crucial to monitor future data releases to assess the ongoing trajectory of the Cobar property market as of early 2026.

Streets & Location in Cobar, NSW

Cobar is characterised by its rural setting and distinct streetscapes. Key streets in Cobar, based on median property prices, include Duffy Drive, Morrison Street, and Bradley Street. The postcode 2835 covers the entire Cobar area, encompassing 229 streets. This location influences property values and lifestyle in Cobar.

Market Dynamics

Transaction patterns in the Cobar property market show an average settlement time of 44 days. This timeframe reflects the typical duration required to finalise property sales in the area. Data regarding quick-flip percentages is currently unavailable. The settlement timeframe can indicate the efficiency of the local property market in Cobar.

Development & Density

Cobar features low development density, with a strong emphasis on detached housing. There are no apartment buildings in Cobar, resulting in a 0.0% strata (apartment) percentage. This demonstrates the dominance of houses in the Cobar property landscape. The lack of apartment developments shapes the housing composition and lifestyle options available in Cobar.

Growth & Property Mix

Historically, the Cobar property market has experienced varying growth rates. The 10-year Compound Annual Growth Rate (CAGR) stands at 5.2%, while the 20-year CAGR is 3.9%. Over the full 36-year period, the CAGR is 2.2%. These figures provide insight into the long-term value appreciation in Cobar. The property mix in Cobar is overwhelmingly houses, as there are no apartment buildings recorded.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Cobar, NSW

What is the median property price in Cobar?
The current median property price in Cobar is $300,000 for all dwellings, with houses also at a median of $300,000. There are no recorded apartment sales in Cobar, reflecting the dominance of detached housing.
Is Cobar overvalued or undervalued?
The Cobar property market is currently positioned above its long-term trend, indicating that it is in overvalued territory. This means that property values are higher than their historical average for Cobar.
How has the Cobar property market performed over 10 years?
Over the past 10 years, the Cobar property market has experienced a Compound Annual Growth Rate (CAGR) of 5.2%. This figure provides insight into the appreciation of property values in Cobar over the last decade.
What percentage of Cobar is apartments vs houses?
There are no recorded apartment buildings in Cobar, meaning the strata (apartment) percentage is 0.0%. This indicates that the Cobar property market is almost exclusively comprised of detached houses.
Where is Cobar in the property cycle?
Currently, the Cobar property market is positioned above its long-term trend, indicating that it is in overvalued territory. This suggests that current property values are elevated compared to their historical average in Cobar.
What schools are near Cobar?
Cobar has several educational facilities, including Cobar High School and Cobar Public School. These schools serve the local community and cater to students of different age groups in Cobar.
What is Cobar like to live in?
Cobar offers a relaxed, rural lifestyle with a strong sense of community. The town provides essential amenities and is known for its mining heritage, creating a unique character.
Is Cobar good for families?
Cobar can be suitable for families due to its affordable housing options and local schools. The predominantly detached housing stock and community-oriented environment might appeal to families seeking a quieter lifestyle.
How far is Cobar from Sydney CBD?
Cobar is located approximately 700km west-northwest of the Sydney CBD. Due to its remote location, travel to Sydney typically involves driving or flying, as there is no direct train line.
What transport options are in Cobar?
Cobar primarily relies on road transport, with the Barrier Highway passing through the town. There are also local bus services within Cobar. The nearest major train station is located in Dubbo, requiring a separate journey.
How does Cobar compare to nearby suburbs?
Compared to nearby regional towns, Cobar's median property price of $300,000 might be similar or lower depending on the specific area. Growth rates can also vary based on local economic conditions and population trends in each town.
Is Cobar a good first home buyer suburb?
Cobar's median house price of $300,000 could be attractive to first home buyers seeking affordability. The absence of apartments and focus on detached housing may also suit those looking for traditional home ownership.
What are the best streets in Cobar?
Based on median property prices, some of the top streets in Cobar include Duffy Drive, Morrison Street, and Bradley Street. These streets represent areas with potentially higher property values within the Cobar region.
How many properties have been sold in Cobar?
Over the past 36 years, there have been a total of 3,708 recorded property sales in Cobar. This figure provides insight into the volume of transactions within the Cobar property market.
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