Princes HighwayCobargo NSW 2550
Property Details for Lot 1 Princes Hwy, Cobargo
Lot 1 Princes Hwy, Cobargo is a 4 bedroom, bathroom House. The property has a land size of 171000m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Last Listing description (February 2016)
L5640. This is an outstanding opportunity to secure a small rural holding on the picturesque far south coast. The 42 acres of gently to moderately undulating country are very well fenced and currently divided into two main paddocks and include all the right ingredients for an idyllic tree-change.
Barrabaroo Creek runs through the property providing excellent water security which is further complemented by 2 dams. There are also 4 water storage tanks supplying the house, gardens, orchard, and yards.
Home to the current owners for over 30 years, the character style property features 4 bedrooms, large open lounge/dining/kitchen area and huge walk in pantry. The kitchen includes a gas stove and an as new Stanley wood stove, also used for hot water heating. Back to grid solar panels further add to the energy efficiency, and the current owners have not had an electricity bill for the last 4 years.
There's also a chicken shed and large chicken yard, original dairy shed and 2 bay colourbond shed + workshop space.
Currently running a small herd of cattle and also suited to horses and other livestock, the property includes yards suited for both cattle and sheep.
A walk around this property will also reveal the stunning views of surrounding countryside.
Property History for Lot 1 Princes Hwy, Cobargo, NSW 2550
- 10 Dec 2015Sold for $367,500
- 17 Sep 2015Listed for Sale $390,000
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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.
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