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Property investors have seen a 0% 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 $286,500
Profits averaged 1.39% 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 $350 based on current median home prices for the suburb.
The gross rental yield in COOLAMON, 2701 is 6.35%.
An average of 3.67 real estate transactions take place per month in COOLAMON which translates to 44 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $286,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -4.02% | N/A |
| Median 3 years | 4.18% | N/A |
| Median 5 years | 25.11% | N/A |
| 10 years average annual | 3.64% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 120.1 days | N/A |
| Gross Rental Yield Percent | 6.35% | N/A |
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