NSW/
Cootamundra

Suburb Profile

Cootamundra - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2590

house

COOTAMUNDRA, 2590 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $215,000.

Profits due to an upward trend in home prices in the suburb averaged 3.42% per annum over a 3-year period.

COOTAMUNDRA now ranks at the 449th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in COOTAMUNDRA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $250 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In COOTAMUNDRA, homes and units usually stay on listing for an average of 145.1 days.

In 2016, 156 properties were sold in COOTAMUNDRA during the past year, making it the 1090th most active market in NSW based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $215,000 N/A
GROWTH REPORT
Median Quarterly 2.63% N/A
Median 12 month -2.27% N/A
Median 3 years 10.26% N/A
Median 5 years 16.22% N/A
10 years average annual 2.84% N/A
Weekly media advert. rent $250 N/A
Time on Market 145.1 days N/A
Gross Rental Yield Percent 6.05% N/A
demographics (median values)
Total Population
6778
Weekly Household Income
671.8
Household Size
2.40
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Cootamundra, NSW
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