21 Wood StreetCobar NSW 2835
Property Details for 21 Wood St, Cobar
21 Wood St, Cobar is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 813m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (January 2022)
To enquire, please email or call 1300 815 051 and enter code 3278
HIGH YIELD! This is a perfect set of income generating duplex for positive cash-flow investors. Owner is leaving market so happy to pass it on to the next savvy property investor, is that you?
Here are the details for your perusal:
Currently rented to long term tenants at:
21a - 1083/mth
21B - 1061/mth
Yearly income: $25,000 that is a 8.45% YIELD! for this property at 296,000
A loan of $296,000 at %4 interest will give you a positive cashflow of $13,160 per year (25,000 - 11,8400).
Please call to negotiate if you are a genuine buyer.
To enquire, please email or call 1300 815 051 and enter code 3278
Property History for 21 Wood St, Cobar, NSW 2835
- 01 Oct 2021Sold for $276,500
- 20 Feb 2020Listed for Sale $296,000
- 17 Aug 2018Listed for Sale 21A and B $350000
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0About 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.
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