Cobourg, located in the West Arnhem region of the Northern Territory, Australia, presents a housing market that is reflective of its remote and relatively untouched surroundings. The region is characterized by its rugged natural beauty and indigenous cultural heritage, which plays a significant role in the lifestyle and housing preferences in the area. Housing options are relatively limited due to the pristine nature of the environment, with most properties being modest dwellings that focus on sustainability and blending with the natural landscape. The market is not as dynamic as urban areas, which leads to a stable but slow evolution in property values, often catering to individuals and families seeking a secluded lifestyle or those involved in regional industries such as tourism or conservation. The limited infrastructure development keeps the housing prices relatively affordable compared to urban centers, but accessibility can be a challenge due to its remote location.
Living in Cobourg offers a unique experience largely defined by its isolation, natural beauty, and rich indigenous culture. Residents have the opportunity to engage with the traditional practices and community activities of the indigenous peoples who have lived in the area for thousands of years. The lifestyle is laid-back and deeply connected with the surrounding environment, providing ample opportunities for outdoor activities like fishing, hiking, and bird watching. The community is tight-knit, offering a strong sense of camaraderie among residents, which can be appealing for those looking to escape the hustle and bustle of city life. However, this tranquility comes with limitations, such as reduced access to some modern conveniences and amenities that are more readily available in urban locations. Overall, living in Cobourg is ideal for those who cherish seclusion, natural beauty, and a slower pace of life set in one of Australia's more remote and stunning landscapes.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per bed houseroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Cobourg? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Cobourg there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Cobourg is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Cobourg leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Cobourg to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Cobourg the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Cobourg there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 17.2 | 25.8 | 31.7 | 65.6 | 90.6 | 4.2 | 19.4 |
| Feb | 7.5 | 26.2 | 31.8 | 71.9 | 90.5 | 3.6 | 21.3 |
| Mar | 5.8 | 26.0 | 32.1 | 76.5 | 95.2 | 2.9 | 21.2 |
| Apr | 5.1 | 24.8 | 32.4 | 67.2 | 95.5 | 2.8 | 20.9 |
| May | 0 | 23.5 | 31.3 | 42.9 | 72.2 | 3.6 | 21.3 |
| Jun | 0 | 22.2 | 30.4 | 31.8 | 55.1 | 3.8 | 20.2 |
| Jul | 0.0 | 21.3 | 30.4 | 36.2 | 71.8 | 3.8 | 20.9 |
| Aug | 0 | 21.3 | 30.8 | 45.0 | 87.8 | 3.6 | 22.8 |
| Sept | 0 | 24.3 | 32.6 | 46.7 | 85.5 | 3.7 | 24.5 |
| Oct | 0 | 24.6 | 33.6 | 47.1 | 85.2 | 3.3 | 27.1 |
| Nov | 0.2 | 25.6 | 34.0 | 50.4 | 83.4 | 2.6 | 27.8 |
| Dec | 1.1 | 26.7 | 34.2 | 57 | 83.6 | 3.3 | 24.0 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!