59 Avernus StreetCobargo NSW 2550
Property Details for 59 Avernus St, Cobargo
Last Listing description (December 2021)
Be spoiled for choice with fantastic farming, lifestyle and future investment options.
Cobargo Farm offers 19.5 acres (7.91ha) ideally located acres adjoining the Cobargo village residential area.
The property is well developed with a cedar homestead offering 3 bedrooms + study, ensuite bathroom, wrap around verandahs and guest quarters under.
A huge scenic dam provides ample water, and there is extensive farming infrastructure including colourbond packing shed, green houses , numerous other useful sheds and inground irrigation points.
Cobargo Farm was operated until recently as a market garden (with roadside sales). The property is now being used primarily for growing cut flowers and as an attractive primary residence on acres.
A uniquely located property with a multitude of possible uses including potential for some further subdivision (subject to council approval).
Property History for 59 Avernus St, Cobargo, NSW 2550
- 10 Mar 2021Listed for Sale $1,485,000
- 22 Aug 2019Listed for Sale $987,000
- 04 Apr 2019Listed for Rent $400 / week
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0About 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.
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