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CoolamonCoolamon - SUBURB PROFILE REPORT
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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.
| 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 |
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