NSW/
Coolamon

Suburb Profile

Coolamon - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2701

house

Property investors have seen a -8.94% drop in COOLAMON based on a decrease 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 $270,000

Profits averaged 5.8% 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 $260 based on current median home prices for the suburb.

The gross rental yield in COOLAMON, 2701 is 5.01%.

An average of 4.58 real estate transactions take place per month in COOLAMON which translates to 55 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $270,000 N/A
GROWTH REPORT
Median Quarterly -8.94% N/A
Median 12 month -6.9% N/A
Median 3 years 17.39% N/A
Median 5 years 20% N/A
10 years average annual 5.54% N/A
Weekly media advert. rent $260 N/A
Time on Market 135.1 days N/A
Gross Rental Yield Percent 5.01% N/A
demographics (median values)
Total Population
1697
Weekly Household Income
764.3
Household Size
2.60
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Coolamon, NSW
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