OFF MARKET

21 Bank Street
Cobargo NSW 2550

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 123m2
Land area: 1212m2
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Last updated 11 Nov 2024
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Property Details for 21 Bank St, Cobargo

21 Bank St, Cobargo is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1212m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Floor Size
123m2
Land Size
1212m2
Local Government
Bega Valley
Lot/Plan
7/3/DP485

Last Listing description (December 2022)

"Laramie" - Quaint old style family home on a large 1214 m2 block of land in Cobargo. Homes in this low price range are getting harder to find as more are renovated or removed to build bigger modern homes. This home is in original condition, feels warm and inviting with a friendly vibe of visiting your grandparents many years ago.

Features: Glassed in sun room at the entry, open plan lounge dining and kitchen all in one, two bedrooms, study area, large storage/craft room (aka "the pantry"), external laundry with shower and toilet. There is a new slow combustion wood heater which warms the home in winter as well as heating your hot water and allows you to cook on it also an open fire place that the current owners have closed off but easy to get it up and firing again.

Outside: The 1214 m2 block of land has a gentle slope, good soil for gardening, two carports (one with a garden/tool shed), large shade trees, numerous cottage style gardens and an abundance of varied established fruit trees.

Location: Short walk to Narira Creek (at the bottom of the street), swimming pool, main shopping area, Cobargo Hotel, sporting fields, showground and primary school. A twenty minute drive south takes you to Bega, or head east to Bermagui and its pristine beaches, amazing mountain views, boat ramps and many fine eating venues.

Cobargo is a small town with a great friendly community. Markets are held each Saturday in the main street which attracts a lot of visitors and has the The Cobargo Folk Festival in May each year bringing performers together from all over the country.

NOTE: Phone Dee Cramb 0421 748 610 for more details.

Property Code: 449

Property History for 21 Bank St, Cobargo, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$301,500
22 Nov 2022
  • 22 Nov 2022
    Sold for $301,500
  • 19 May 2022
    Listed for Sale Not Disclosed

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About Cobargo 2550

The size of Cobargo is approximately 104 square kilometres. It has 5 parks covering nearly 21.6% of total area. The population of Cobargo in 2011 was 637 people. By 2016 the population was 770 showing a population growth of 20.9% in the area during that time. The predominant age group in Cobargo is 60-69 years. Households in Cobargo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Cobargo work in a community and personal service occupation. In 2011, 73.6% of the homes in Cobargo were owner-occupied compared with 74% in 2016.

Cobargo has 544 properties. Over the last 5 years, Houses in Cobargo have seen a 43.81% increase in median value, while Units have seen a 199.82% increase. As at 31 October 2024:

  • The median value for Houses in Cobargo is $550,236 while the median value for Units is $935,701.
  • Houses have a median rent of $475.
There are currently 20 properties listed for sale, and 1 property listed for rent in Cobargo on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Cobargo.

Suburb Insights for Cobargo 2550

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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.