27 Cobram Street, Tocumwal NSW 2714
27 Cobram Street, Tocumwal NSW 2714
3 bedroom, 2 bathroom single-storey house on 664m². 3 car spaces via a large shed or triple garage. Estimated value $501,000. Sold for $400,000 in June 2023.
This house occupies a practical position within Tocumwal’s established residential stock, where three-bedroom family homes on blocks around 600–700m² represent the standard offering rather than anything exceptional. Its competitive strength lies in the rare parking provision; if the three-car capacity is accurate, this distinguishes it from the typical one or two spaces found in older local properties, making it immediately more functional for households with multiple vehicles, a boat, or workshop needs. The location between the riverfront main street and Club Tocumwal’s 36-hole golf complex serves two primary buyer groups well: families wanting walkable access to town amenities and retirees prioritising recreation and convenience. The property sits comfortably within the suburb’s typical family stock rather than pushing into premium or high-density territory.
The 46.9% value increase over three years, from $400,000 to the current estimated $501,000, signals strong local market momentum, though this pace may moderate. The absence of confirmed construction year and interior finish details introduces some uncertainty; if the house dates from the 1970s–1990s range typical of the area, renovation requirements could affect the final holding cost. The parking inconsistency between sources warrants physical verification, as a confirmed three-car shed adds measurable utility value, while a single car space would align this property more closely with the median. Buyers should weigh whether the location premium near the golf course and riverfront justifies the current price point relative to similar unrenovated stock in the suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Cobram Street, Tocumwal NSW 2714
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Tocumwal presents as a mature, established riverside market with a stable, older demographic core. Demand is anchored by local owner-occupiers, supported by a tightly held rental market with very low vacancy. House prices have shown recent resilience, though the market is characterised by extended selling periods and a significant oversupply of listings. Future stability hinges on this inventory absorption, while the unit segment exhibits pronounced weakness, representing a clear market divergence and risk.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
664m²
URL has been copied successfully!