SOLD
Sold on 23 Jul 2024 for $520,000

566 Kidman Way
Cobar NSW 2835

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 13310000m2
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Property Details for 566 Kidman Way, Cobar

Building Type
Rural
Land Size
13310000m2
Local Government
Cobar
Lot/Plan
2/DP1283137

Last Listing description (September 2023)

Area:
1,000ha - 2,471ac approx.

Location:
Approx. 9km north of Cobar, 4km east off Kidman Way Highway. Located down a private gravel road.

Country:
Cultivation license 250 acres

Water:
Watered by new large earth dam, 2 other small earth dams that get good catchment. 2 of the 3 dams securely fenced with auto spear traps.

Fencing:
Approx. 7km of new 5 wire barb to be erected pre-settlement.
Property fenced in to 3 paddocks.

Improvements:
Brick veneer homestead built in 2015 featuring 4 bedrooms with built-ins, ensuite & walk-in robe to main and French doors opening on to verandah.
Under floor heating, well insulated home, 4x Mitsubishi reverse cycle air conditioners. Open plan living, modern kitchen with Westinghouse appliances, walk-in pantry, fridge space with built-in taps for ice/water machine, Chef oven & cooktop/rangehood, spacious laundry with good sized storage cupboards. Featuring 2.7m high ceilings, and a large roof cavity.
A very comfortable, modern family home throughout PLUS a fully fenced house yard.
6kw solar system back to grid, rural power plus generator plug in box. Double carport plus 4-bay carport, cool room, 135,000L rainwater Storage and Davey pressure pump.
Adjacent is an Atco style Workman's quarters featuring 3 bedrooms, 1
bathroom self contained & reverse cycle 2x new Mitsubishi split systems, fully fenced and enclosed veggie garden.

Purpose built dog cages x7-off the ground.
6m x 12m powered shed-2.5m high with 6x12mx4m skillion.
6 pig Stys with day yards, race & loading ramp.
Large panel cattle yards, handle 80hd-with race, crush & loading ramp.
Large panel horse round yard.
Goat mesh handling yards with loading ramp.

Property Vegetation Plan:
Current PVP over total area to allow cleaning up of woody weed and to increase carry capacity.

Carrying Capacity:
Additional cash flow from nomadic goats. Suited to Dorper Sheep or Goats. Presently destocked.

Rainfall:
350mm approx. pa

Agent Remarks:
"An outstanding country lifestyle property on Cobar's doorstep. A must inspect to appreciate what this property has to offer!."

Inspection of this fine rural property is a must with exclusive agent, David Russell 0418 636 050

Property History for 566 Kidman Way, Cobar, NSW 2835

A timeline of how this property has performed in the market
Last Sold
$520,000
23 Jul 2024
  • 23 Jul 2024
    Sold for $520,000
  • 08 Sep 2023
    Listed for Sale $980,000
  • 15 Jun 2022
    Sold for $340,000
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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 5 properties listed for sale, and 6 properties listed for rent in Cobar on OnTheHouse. According to CoreLogic's data, 124 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.