OFF MARKET

3 Avernus Street
Cobargo NSW 2550

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 148m2
Land area: 7757m2
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Property Details for 3 Avernus St, Cobargo

3 Avernus St, Cobargo is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 7757m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
House
Floor Size
148m2
Land Size
7757m2
Local Government
Bega Valley
Lot/Plan
8/26/DP2591

Last Listing description (February 2017)

The 'Old Cordial Factory' in Cobargo dates back to the 19th Century and maintains the charm and sophistication you would expect in properties of that vintage.
The lovely double brick home boasts high ceilings and large bedrooms and living rooms consistent with the design characteristics of the time. The kitchen and dining area overlook the enclosed house yard.
The living area flows into a separate sun room, effectively creating a 2nd living room or an extension to the main living area.

The key feature to this property is the old cordial factory. It is attached to the house and offers unlimited opportunities including guest accommodation, rumpus rooms, art or music studio. You will need to see this room with its high cathedral ceilings to get your creative juices flowing.
The park-like grounds are easy to maintain, yet provide a peaceful, tranquil setting to relax and enjoy.
Ideally located within an easy walk to the main street, the nearly 2 acres is a pleasant surprise this close to town. Excellent shedding and a horse paddock complete this impressive property.
This home is perfect for a family looking for something a little bit different; a couple downsizing off a larger property or someone with an artistic streak that can utilise the old cordial factory.

Property History for 3 Avernus St, Cobargo, NSW 2550

A timeline of how this property has performed in the market
Last Sold
$450,000
08 Dec 2016
  • 08 Dec 2016
    Sold for $450,000
  • 20 Oct 2016
    Listed for Sale $459,900
  • 26 Apr 2010
    Listed for Sale OFFERS INVITED BETWEEN $360 000 - $380 000
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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.