24 Mathews StreetCobar NSW 2835
Property Details for 24 Mathews St, Cobar
24 Mathews St, Cobar is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1030m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2013.
Last Listing description (October 2026)
Positioned on a generous 1,030sqm (approx.) block, 24 Mathews Street presents an outstanding opportunity for investors seeking a strong rental return and dual-income potential.
Featuring two separate 2-bedroom units, each with its own yard, this property offers flexibility, privacy and an impressive income stream.
• 2x 2-bedroom units
• Separate yards for each unit
• Carpet & vertical blinds to bedrooms
• Wall unit air conditioning to Unit A
• Split system air conditioning to Unit B
• Large 1,030sqm block approx.
• Unit A leased at $245 per week and locked in until April 2027
• Unit B leased at $275 per week and locked in until March 2027
• Combined rental income of $520 per week
• Annual rental income of $27,040 for an approx. 10% gross rental return!
• Separately water metered
• Rates: $4,496.40 per annum approx. for the 2026/27 financial year
• Lot 13, DP554679
With both units currently leased, this is an opportunity to secure a solid investment with immediate rental income and an attractive return.
A dual-income property with strong rental appeal - an investment opportunity not to be missed!
Contact Exclusive Selling Agent Krista Nardi on 0408 362 268 to secure this investment opportunity.
Property History for 24 Mathews St, Cobar, NSW 2835
- 08 Sep 2026Sold for $260,000
- 19 Aug 2026Listed for Sale Outstanding 10% Return! $265,000
- 10 Mar 2026Listed for Rent $265 / week
Recent sales nearby
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0About Cobar 2835
The size of Cobar is approximately 2186.0 square kilometres. There are 16 parks, covering nearly 0.4% of the total area. The population of Cobar in 2016 was 3990 people. By 2021 the population was 3603 showing a population decline of 9.7% in the area during that time. The predominant age group in Cobar is 30-39 years. Households in Cobar are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cobar work in a trades occupation.In 2021, 60.90% of the homes in Cobar were owner-occupied compared with 55.70% in 2016.
Cobar has 2,566 properties. Over the last 5 years, Houses in Cobar have seen a 79.37% increase in median value, while Units have seen a -55.97% decrease. As at 30 September 2026:
- The median value for Houses in Cobar is $278,719 while the median value for Units is $136,996.
- Houses have a median rent of $400 while Units have a median rent of $300.
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