Cobargo at a glance
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Median sale
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Median rent
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Suburb gross yield
NSW › Cobargo › Cobargo Bermagui Rd
$2,400,000
For sale
Asking
3
Bedrooms
4
Bathrooms
0
Car spaces
20,234.282 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$2,400,000
Asking · $119/m² of land
No recorded sale for this property.
Cobargo at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$117,879 on top of the price (4.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Cobargo at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Bega Valley RealtyThe idea of warehouse conversions originated after the 'bohemians' style came to prominence in New York in the 1960s. That being said The Old Butter Factory in Cobargo set in the lush green rolling hills of the Sapphire Coast is in a league of its own. The five acre property is only 15 minutes drive to the seaside town of Bermagui and about the same distance to Tilba famous for its cheese and milk and appearances on the ABC's River Cottage. The sheer scale of the timber trusses and the celestial windows and the huge light filled internal spaces they create reflect the lavish era when the Butter Factory was built in 1927 during the Roaring Twenties.
THE MAIN BUILDING
The clerestory windows found here have been used in architecture for centuries, examples are found in ancient Egyptian temples and later in churches. They are designed to allow natural light to flood a space, reduce the need for artificial lighting, and provide a sense of openness and connection to the outdoors. The main structure features a combination renovated rooms that offer modern living standards and less developed rooms that ooze rustic charm that can be left the way they are or become a pet project on which to make your mark.
A renovated self contained open plan apartment upstairs showcases the advantages of the architecture with industrial scale windows and exposed timber trusses, hardwood timber flooring and plenty of natural light. Downstairs there are three renovated bedrooms two renovated bathrooms and a funky rustic indoor outdoor kitchen adjacent to a mansionesque undercover all weather entertaining area. The space where the butter churners were once housed is ripe for the imagination and you get the feeling that absolutely anything is possible here. An industrial sized storage space attached to the main building is currently utilised for commercial timber storage.
SECONDARY BUILDINGS.
An enchanting converted shed is a very funky large living space that would be ideal for family friends and visitors to overnight. Or it could be a restaurant space or cropping shed for organic food grown on the property or anything else that feeds the imagination. A separate building a few foot steps away, as you pass by an amazing fire pit houses a bathroom and a laundry that service the funky shed.
There is so much more to talk about that has to be appreciated onsite. If you are ready to let the magic happen please book a private inspection with the listing agent.
Town power, septic waste system, creek and dam water supply. 130,000 litre concrete water storage tank. Creek frontage with riparian water rights
Zoned RU1 Council rates approx $3,142 per year
Common activities within RU1 zones include:
Crops and livestock farming
Viticulture (grape growing)
Rural tourism associated with primary production (e.g., farm stays, cellar door sales)
Listing description written by Rob Flynn, Bega Valley Realty — reproduced as published, not verified by Districts.