OFF MARKET

3/3 Gillespie Street
Cobargo NSW 2550

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Property Details for 3/3 Gillespie St, Cobargo

Building Type
Commercial
Local Government
Bega Valley

Last Listing description (November 2023)

Great opportunity to purchase two blocks of land for the price of one.

Situated on the edge of Cobargo, good street frontage to both blocks, power already connected to one of them and both have a great view overlooking the nearby farm and mountains in the distance.

Fifteen minute drive to the beaches of Bermagui.

Property History for 3/3 Gillespie St, Cobargo, NSW 2550

A timeline of how this property has performed in the market
  • 29 Dec 2022
    Listed for Sale $400,000

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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 545 properties. Over the last 5 years, Houses in Cobargo have seen a 55.66% increase in median value, while Units have seen a 199.82% increase. As at 31 July 2024:

  • The median value for Houses in Cobargo is $595,585 while the median value for Units is $561,872.
  • Houses have a median rent of $475.
There are currently 21 properties listed for sale, and 1 property listed for rent in Cobargo on OnTheHouse. According to CoreLogic's data, 25 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.