357 Cobalt Street, Broken Hill, NSW 2880 | Property Value & History | OnTheHouse
 
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357 Cobalt Street
Broken Hill NSW 2880

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Bathrooms: -
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Land area: 1518m2
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Property Details for 357 Cobalt St, Broken Hill

Building Type
Commercial
Land Size
1518m2
Local Government
Broken Hill
Lot/Plan
21/28/DP759092

Last Listing description (August 2012)

Desert Sand Motel, Broken Hill - Lease
This is an award winning Motel located at 357 Cobalt Street, Broken Hill, NSW, 2880.
A well presenting 4 star rated 32 motel room complex with a range of accommodation from deluxe spa rooms to family accommodation. This motel is popular with tourist and the corporate traveller. It has pool, gymnasium and laundry and is accompanied by a strong trading hotel.

The motel is adjacent to the Southern Cross Hotel which may also be purchased at and additional $200,000 + sav. The hotel presents well and is know for its good food and atmosphere. The hotel has al la carte dining, bar, cocktail and bistro bar, dining room and function centre. Itr also has Xlotto and a small gaming operation.
The motel is a strong trading profitable business situated within easy walking distance to the main street of Broken Hill.
Broken Hill is a large thriving provincial city of over 18,800 in population. It has a strong mining and tourism industry. It has all the facilities you would expect of a large regional centre including many sporting clubs, hospital, banking, airport, flying doctor base etc
Broken Hill also has a strong tourism industry of both manmade and natural features. It has a strong cultural background with many resident artists and galleries.
Available as a hotel/motel complex or individually
Asking Price Hotel $200,000 + sav
Motel $1.2m + sav

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Property History for 357 Cobalt St, Broken Hill, NSW 2880

A timeline of how this property has performed in the market
Last Sold
$2,600,000
27 Oct 2015
  • 27 Oct 2015
    Sold for $2,600,000
  • 23 Apr 2012
    Listed for Sale 1000000
  • 07 Oct 2006
    Sold for $900,000
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About Broken Hill 2880

The size of Broken Hill is approximately 13004.9 square kilometres. It has 43 parks covering nearly 2.2% of total area. The population of Broken Hill in 2016 was 17814 people. By 2021 the population was 17706 showing a population decline of 0.6% in the area during that time. The predominant age group in Broken Hill is 60-69 years. Households in Broken Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Broken Hill work in a professional occupation.In 2021, 72.20% of the homes in Broken Hill were owner-occupied compared with 71.90% in 2016.

Broken Hill has 11,322 properties. Over the last 5 years, Houses in Broken Hill have seen a 84.57% increase in median value, while Units have seen a 65.47% increase. As at 30 November 2025:

  • The median value for Houses in Broken Hill is $195,738 while the median value for Units is $164,030.
  • Houses have a median rent of $360 while Units have a median rent of $230.
There are currently 97 properties listed for sale, and 39 properties listed for rent in Broken hill on OnTheHouse. According to Cotality's data, 611 properties were sold in the past 12 months in Broken hill.

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