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Coolamon
AREA REPORTS

Coolamon

Coolamon - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2701

house

Property investors have seen a 12.73% gain in COOLAMON based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains COOLAMON, 2701 saw average growth in the long term.

The NSW suburb also 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 $310,000

Profits averaged 6.11% per annum over a 3-year period, due to an upward trend in home prices in COOLAMON, 2701.

This means, real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

The gross rental yield in COOLAMON, 2701 is 6.71%.

An average of 4.92 real estate transactions take place per month in COOLAMON which translates to 59 per annum.

Data report can be found below

Coolamon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 N/A
GROWTH REPORT
Median Quarterly 12.73% N/A
Median 12 month 9.73% N/A
Median 3 years 18.32% N/A
Median 5 years 21.57% N/A
10 years average annual 4.06% N/A
Weekly media advert. rent $400 N/A
Time on Market 108.8 days N/A
Gross Rental Yield Percent 6.71% N/A
demographics (median values)*
Total Population
2388
Weekly Household Income
1311
Household Size
2.70
Age
42
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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