OFF MARKET

12 Monaghan Street
Cobar NSW 2835

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Land area: 2815m2
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Property Details for 12 Monaghan St, Cobar

12 Monaghan St, Cobar is a 6 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 2815m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Land Size
2815m2
Local Government
Cobar
Lot/Plan
51/DP1228966

Last Listing description (July 2022)

Introducing 12-14 Monaghan St Cobar, a unique opportunity like this does not come along every day, consisting of 3 cottages on a 2815m2 block. These 2 bedroom cottages are fully furnished, and have a full sized bathroom and laundry with a carport. There is enough room on the block for future development pending council approval.
Walk through the front door to a comfortable combined Living/Dining area overlooking a small well equipped kitchen with an upright electric stove and full sized refrigerator. The bathroom has a full sized bath, modern vanity and shower over the bath tub.
There are reverse cycle air conditioners in all bedrooms with the 3rd cottage that has reverse cycle in the living area, all cottages have ducted evaporative cooling throughout. The cottages stand alone and each one has an enclosed back yard for privacy. We have all 3 cottages leased for $285 per week each which would give them approximately a 10% return.

Rates are approximately $1900 p/a, if you're looking for a great investment enquire today call Nita on 0418 962 790

Main Bedroom Queen sized bed
2nd bedroom Double bed
Bathroom - toilet combined
Inside laundry - washing machine.
combined dining and living area
Evaporative cooling
Reverse cycle air both bedrooms.
Small electric fan heater
Carport
Enclosed Back yard.
Rates Approx $1900 p/a
Land Size 2815m2

Property History for 12 Monaghan St, Cobar, NSW 2835

A timeline of how this property has performed in the market
Last Sold
$400,000
29 Jun 2022
  • 29 Jun 2022
    Sold for $400,000
  • 05 May 2022
    Listed for Sale $420,000 - $425,000
  • 09 Mar 2021
    Listed for Sale $412,500

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About Cobar 2835

The size of Cobar is approximately 2,186 square kilometres. It has 16 parks covering nearly 0.4% of total area. The population of Cobar in 2011 was 3,816 people. By 2016 the population was 3,988 showing a population growth of 4.5% in the area during that time. The predominant age group in Cobar is 0-9 years. Households in Cobar are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobar work in a trades occupation. In 2011, 54% of the homes in Cobar were owner-occupied compared with 55.7% in 2016.

Cobar has 2,537 properties. Over the last 5 years, Houses in Cobar have seen a 12.55% increase in median value, while Units have seen a 46.97% increase. As at 31 October 2024:

  • The median value for Houses in Cobar is $173,210 while the median value for Units is $208,224.
  • Houses have a median rent of $320 while Units have a median rent of $200.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Cobar on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Cobar.

Suburb Insights for Cobar 2835

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.