Property investors enjoyed capital gains of 3.7% over the last 12 months in COOMA, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in COOMA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 4.64% increase in returns based on the current median price in COOMA.
COOMA, 2630 ranks 872nd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 95th on the list of best yielding suburbs for rental properties in NSW, posting a 4.64% return.