63 Elizabeth Crescent, Cobar, NSW 2835 sold on 09 October 2026 | OnTheHouse
 
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Sold on 09 Oct 2026 for $865,000

63 Elizabeth Crescent
Cobar NSW 2835

Bedrooms: 8
Bathrooms: 8
Car spaces: -
Land area: 1242m2
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Elders Real Estate Cobar
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Property Details for 63 Elizabeth Cres, Cobar

63 Elizabeth Cres, Cobar is a 8 bedroom, 8 bathroom Unit. The property has a land size of 1242m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 8 bedroom Unit sold in Cobar in the last 12 months.

Building Type
Unit
Land Size
1242m2
Local Government
Cobar
Lot/Plan
41/DP220704

Last Listing description (October 2026)

Positioned on a substantial 1239sqm allotment, this fully leased complex presents a superb opportunity to secure a high preforming property with exceptional returns. The property delivers an immediate combined rental income of approximately $106,080 per annum, giving an approximate gross return of 12.5%.Comprising of eight, semi-furnished studio style units that have recently been refreshed with new kitchens and bathroom upgrades, internal and external paint and a BBQ and pergola area.Set on the corner Elizabeth Crescent and Nullamut Street, this convenient location places the Cobar Hospital, nearby schools, Golf Club and town amenities only minutes away.Features include but not limited to:- Eight semi furnished units, that include beds, table/chairs, tv, fridge, heating/cooling and mini benchtop oven/stove- New kitchen installation- Freshly painted internal/external- Outdoor enhancements- Outdoor pergola area with BBQ- Shared laundry- Off street parking- Low vacancy rates due to strong tenant demand- Gross profit return of 12.5% - approx.- Rates $6,960.58pa - approx.63 Elizabeth Crescent presents an attractive return for investors chasing a dependable income that continues to see strong demand from tenants seeking affordable housing options.Disclaimer: information in this brochure is not independently verified. The vendor and agents disclaim liability, and accuracy is not guaranteed. Prospective purchaser should exercise their judgement.

Property History for 63 Elizabeth Cres, Cobar, NSW 2835

A timeline of how this property has performed in the market
Last Sold
$865,000
09 Oct 2026
  • 09 Oct 2026
    Sold for $865,000
  • 15 Sep 2026
    Listed for Sale $850,000
  • 18 Jun 2020
    Listed for Rent - Price not available
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About 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.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Cobar on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Cobar.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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