Suburb Profile
Coolamon - FREE SUBURB PROFILE REPORT POSTAL CODE: NSW,2701
Property investors have seen a 0.84% gain in COOLAMON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on COOLAMON, 2701 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 15.44%.
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 $299,000
Profits averaged 10% 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 4.52%.
An average of 4.67 real estate transactions take place per month in COOLAMON which translates to 56 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $299,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.84% | N/A |
| Median 12 month | 15.44% | N/A |
| Median 3 years | 30% | N/A |
| Median 5 years | 42.38% | N/A |
| 10 years average annual | 6.06% | N/A |
| Weekly media advert. rent | $260 | N/A |
| Time on Market | 145.0 days | N/A |
| Gross Rental Yield Percent | 4.52% | N/A |
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