SOLD
Sold on 14 Feb 2024 for $230,000

58 Monaghan Street
Cobar NSW 2835

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 558m2
Sold By
Elders Real Estate Cobar
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Property Details for 58 Monaghan St, Cobar

58 Monaghan St, Cobar is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 558m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Cobar in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
106m2
Land Size
558m2
Local Government
Cobar
Lot/Plan
122/DP533167

Last Listing description (March 2024)

Introducing the perfect first home and investment opportunity privately set back at 58 Monaghan Street. This three bedroom house set on 586sqm is sure to catch the eye of discerning first home buyers or investors seeking a solid addition to their property portfolio.

As you step inside, a warm welcome awaits within the modern and versatile floor plan. From the living area you seamlessly flow through to the combined dining and kitchen, offering plenty of storage space. Leading down the hall are three good size bedrooms, two with built-in robes. Functional family bathroom, providing a separate toilet for that added convenience for families.

Serviced by split system air conditioning and evaporative cooling, ensures comfort all year round.

Step outside and discover a sizable low maintenance yard, paved outdoor area and garden shed. Access to the rear yard provides added convenience.

Currently this property is leased to a long-term tenant at $350 per week, making this a great opportunity not to be missed.

Property History for 58 Monaghan St, Cobar, NSW 2835

A timeline of how this property has performed in the market
Last Sold
$230,000
14 Feb 2024
Listed for Rent
$270/w
28 Aug 2015
  • 14 Feb 2024
    Sold for $230,000
  • 30 Mar 2020
    Sold for $192,500
  • 12 Sep 2019
    Listed for Sale $214,000
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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.