
Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors have seen a -6.82% 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 $307,500
Profits averaged 3.8% 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 $415 based on current median home prices for the suburb.
The gross rental yield in COOLAMON, 2701 is 7.02%.
An average of 5.17 real estate transactions take place per month in COOLAMON which translates to 62 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $307,500 | N/A |
GROWTH REPORT | ||
Median Quarterly | -6.82% | N/A |
Median 12 month | -6.82% | N/A |
Median 3 years | 11.41% | N/A |
Median 5 years | 18.73% | N/A |
10 years average annual | 4.07% | N/A |
Weekly media advert. rent | $415 | N/A |
Time on Market | 83.3 days | N/A |
Gross Rental Yield Percent | 7.02% | N/A |