13 Echidna Street, Cobar NSW 2835
13 Echidna Street, Cobar NSW 2835
3 bed family home on 836m² | dual shed and garage utility | evaporative cooling plus wood fire | regional town with mining-driven demand
This property offers a rare configuration advantage in Cobar: a well-maintained house with both a double bay workshop shed and a single garage, effectively tripling covered utility space. The 836m² block, combined with the covered outdoor entertaining area and family-friendly layout, positions it as a strong option for buyers needing practical space for vehicles, hobbies, or a growing household. The his-and-hers vanity and freestanding bath signal an upgraded bathroom, which is uncommon in this price bracket and reduces immediate renovation need. It best serves a family or first-home buyer seeking move-in-ready comfort with genuine storage and workshop capacity.
The primary risk is that the asking price sits above one automated valuation estimate, and the property last transacted in 2021 at a significantly lower figure, meaning recent comparable sales should be verified to avoid overpaying. However, the dual shed and garage setup is genuinely scarce in this segment and likely to hold appeal for buyers who value utility over cosmetic perfection. The wood fire and evaporative cooling provide resilient climate control, which is practical in a regional town with variable conditions. For an investor, the land size and shed infrastructure offer future subdivision or rental appeal, though the single bathroom may limit tenant demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Echidna Street, Cobar NSW 2835
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Cobar presents as a high-yield regional market, attracting investors with its exceptionally strong rental returns and robust capital growth for houses. Demand is driven by a significant rental population and a demographic mix that includes older residents and childless couples, supported by a critically low vacancy rate. Recent conditions show a constrained supply of listings and extended selling periods, indicating a tight but slower-moving market. Future growth is underpinned by this sustained rental demand, though affordability pressures from rising prices and interest rates present a key constraint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
836m²
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