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Cobar vs Findon Creek

Property investment comparison - Cobar, NSW 2835 vs Findon Creek, NSW 2474

Head-to-head across core investment metrics: Cobar wins 2, Findon Creek wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricCobarFindon Creek
Median house price$320K$320K
Median unit price$195K$375K
Gross rental yield (houses)6.29%7.40%
Gross rental yield (units)7.76%-
1-year house growth+19.1%-
3-year house growth+59.9%-
Vacancy rate0.7%1.2%
Population3,60336

Cobar vs Findon Creek: what the numbers say

Houses cost about the same in both suburbs: the median house price is $320K in Cobar and $320K in Findon Creek.

For units, Cobar sits at a median of $195K against $375K in Findon Creek, which makes Cobar the more affordable unit market and Findon Creek the pricier one.

On cash flow, Findon Creek leads: houses there return a gross rental yield of 7.40%, compared with 6.29% in Cobar, a gap of 1.11 percentage points.

Rental vacancy is 0.7% in Cobar and 1.2% in Findon Creek, so landlords in Cobar face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Cobar is the bigger suburb, with a population of 3,603 against 36, roughly 100 times the size of Findon Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Findon Creek for rental income, Cobar for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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