There are 5 real estate agents servicing Cobar and surrounds. In 2014 they sold 63 properties. We have analysed all these Cobar agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents
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Real Estate Agents Cobar – 2012/13 Performance
Cobar Real Estate Agents sold 63 houses over the last 12 months. On average these 63 Cobar houses took 105 days to sell and were sold at an average discount of -12% from their initial listing price.
The best Cobar Real Estate Agents sell properties considerably better than these average figures. We detail who these Cobar agents are in our free report.
Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 5 agents operating in the Cobar council area servicing the Cobar market and 2 agencies, vendors should only use those Cobar agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Cobar property.
With total house price growth of 20% over the last five years Cobar agents have had it reasonably easy selling into an appreciating market. Growth in Cobar houses over the last year has been below the five year annual growth rate, coming in at 3% (5yr average 4%).
Request your free report for the individual performance details of real estate agents in Cobar and the properties they have sold over the last couple of years.
With Cobar property transactions only occurring on average every 7 years, securing the best Cobar real estate agent to manage this infrequent transaction is crucial.
At the end of the day choosing the best Cobar real estate agent to sell your property can make years of difference to your personal financial situation.
Cobar is a town in central western New South Wales, Australia. The town is 712 km northwest of the state capital, Sydney. It is at the crossroads of the Kidman Way and Barrier Highway . The town and the Local Government Area, the Cobar Shire, are on the eastern edge of the outback. At the 2006 census, Cobar had a population of 5,194, out of Cobar Shire's population of about 7,000. The Shire has a surface of 44,065 square kilometres
The name Cobar is derived from the Aboriginal Ngiyampaa word Kuparr, Gubarr or Cuburra, meaning 'red earth' or 'burnt earth', the ochre used in making body paint for Corroborees. It has also been suggested, but it is less likely, that the name may represent an Aboriginal attempt to pronounce the word 'copper'.
Some of the most significant Aboriginal rock art in NSW is within the shire. The indigenous Ngiyampaa/Wangaapuwan traditions of this diverse bio-region are best represented in the rock art of Mount Grenfell, 40 km west of Cobar. Over 1,300 depictions of humans, hand stencils and animals are at this site.
Pastoralists began to settle the area in the mid-1860s. Copper was discovered in 1870, leading to settlements being founded with Australia's European and Asian gold rush immigrant arrivals. The Great Cobar Copper Mining Company Limited was established in 1878. It and subsequent companies operated a number of light railways carrying ore and similar material, as well as timber for mine supports. Cobar and many mining outskirts accommodated the miners who travelled to the area in the late 1880s. At this time Cobar was very much a Cornish town. Several fine heritage buildings from the late 1880s/early 1900s settlement are still in existence, including the Great Western Hotel , reputed to have the longest iron lace verandah in the Southern Hemisphere, the Cobar Court House and Court House Hotel in Barton Street, as well as the interesting Cobar Heritage and Visitor Information Centre, located in the beautiful former Mines Office . On Hillston Road southeast out of town is Fort Bourke Hill which affords an excellent view of the town, and Towser's Huts, a series of stone miners' cottages dating possibly from as early as the 1870s.
At its peak, Cobar had a population on 10,000 and its own stock exchange. However, copper mining operations ceased in 1920, and by the 1930s the town's population had dropped to little over 1,000, only to rise again and stabilise at around 3,500 through the 1970s and early 1980s. In the 1980s, Gold, silver, lead and zinc were discovered in the area, which led to a further population increase. The town's current positive economic development is due to the affluence of the mining boom. Three important mining belts are operational in the Cobar area: the Cobar belt, the Canbelego belt and the Girilambone belt. Visits to mine sites may be arranged through the Cobar Heritage and Visitor Information Centre overlooking the open cut mine. The Festival of the Miners' Ghost, held during the last weekend in October, is a festival celebrating the spirits of the old miners.
The Cobar economy relies heavily on trade with the local mines and their employees, and consequently, on world metal prices. During 2008, after a fall of 75% in world zinc prices, one local mine cut 540 of 655 jobs, with flow on effects felt by many other businesses. Over the year Cobar's workforce reduced by 10%. The town has increasing benefit from tourists passing through due to its location at the intersection of the Kidman and Barrier Highways. It also benefits from being the seat of the local government area. Cobar has two primary schools, a high school, an activities youth centre and a 31-bed hospital for acute care.
Cobar has a semi-arid climate with hot summers and cool winters. It has a median annual rainfall of 390mm. Rainfall is extremely variable, particularly in late summer and early spring. The highest rain falls have been in excess of 200mm in any one month. Rainfall is generally only about 4 days per month.
The average relative humidity in Cobar during the summer is about 30% in the afternoon and about 50% at 9am. In winter it is about 45% at 3pm, and about 75% at 9am.
Annual mean wind speed at 9am and 3 pm is about 12.2 km/h with lesser speeds on winter mornings.
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