80 Victoria St, Cobden is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 702m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Set on a level 702sqm this three to four bedroom home is set in a convenient location and oozes potential.
80 Victoria Street features an open wood fire in the front lounge room and gas heater in the back lounge/dining area, ensuring warmth during winter. The weatherboard property boasts three generous sized bedrooms, the option of two living spaces (or a 4th bedroom). An open plan kitchen and dining/lounge, plus timber lined hall and lounge add character throughout. The backyard is home to well established tress, plus a lock up shed and garage both with concrete floor and power. Within walking distance to the amenities of Cobden including the school, bakery, hardware store and pharmacy you could leave the car at home.
A potential rental income of $190 per week provides investors with an attractive 5.8% yield (approx.).
The size of Cobden is approximately 76.4 square kilometres. It has 7 parks covering nearly 2% of total area. The population of Cobden in 2011 was 1,822 people. By 2016 the population was 1,845 showing a population growth of 1.3% in the area during that time. The predominant age group in Cobden is 50-59 years. Households in Cobden are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobden work in a labourer occupation. In 2011, 74.4% of the homes in Cobden were owner-occupied compared with 74% in 2016.
Cobden has 1,074 properties. Over the last 5 years, Houses in Cobden have seen a 79.03% increase in median value, while Units have seen a 56.89% increase. As at 30 September 2024:
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