$3,250 —
Higher than 94% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Cobark · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly home loan payment of $3,250 makes Cobark an area with some of the highest housing costs in the region. This figure is far above the national average, reflecting a significant financial burden on local homeowners.
Rents, mortgages and crowding.
Monthly mortgage payments are well above the New South Wales figure by $1,083, and far above the Australian average by $1,387.
$3,250 —
Higher than 94% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 74%, ahead of Owned with a mortgage (16%).
In Cobark, Owned outright is the majority at 82%; Owned with a mortgage is next at 18%.
Houses, townhouses, apartments and bedrooms.
Homes in the area are more crowded than most, with 0.90 people per bedroom, which is a little above the national figure of 0.80.
0.90 —
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Cobark, Separate house is the majority at 82%; Townhouse / semi-detached is next at 18%.
In Cobark, the largest group is 3 bedrooms at 45%, followed by 1 bedroom (20%) and 4 bedrooms (20%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Cobark [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL10951/cobark/topic/housing-dwellings