Cobargo vs Quaama

Quaama (median $585,000) is roughly 8% cheaper to buy into than Cobargo ($635,000).

Buying in Cobargo or Quaama?

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Cobargo and Quaama side by side

MeasureCobargoQuaama
Price and market
Median house$635,000$585,000
Median unit$225,360$225,360
House price change, 12 months–+4.0%
Renting
House rent$550/wk$550/wk
Unit rent$420/wk$420/wk
Owner occupied75.0%93.0%
Renter occupied19.0%10.0%
Schools
Schools nearby1517
Average ICSEA988990
Lifestyle and people
Walk score22
Transit score00
Bike score00
Population766291
Median age5653
Climate
Annual rainfall904 mm921 mm
Mean max, January25.6°C25.8°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Quaama (990) sits above Cobargo (988). Quaama skews owner-occupied (93%), Cobargo runs more rental-dense (75% owner).

For buyers
Quaama is the lower entry point at $585,000 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Quaama offers the higher gross rental yield (4.89% vs 4.50%), favouring cash-flow investors.
For families
Quaama edges out on average school ICSEA (990 vs 988).

Cobargo vs Quaama: common questions

Is Cobargo or Quaama cheaper to buy in?

Quaama has the lower median house price at $585,000, roughly 8% below Cobargo ($635,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Cobargo or Quaama have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Quaama scores 990 vs 988 in Cobargo. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Cobargo or Quaama?

Gross rental yield on houses is 4.89% in Quaama vs 4.50% in Cobargo. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.