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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 $270,000
Profits averaged 5.97% 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 $265 based on current median home prices for the suburb.
The gross rental yield in COOLAMON, 2701 is 5.1%.
An average of 4.08 real estate transactions take place per month in COOLAMON which translates to 49 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $270,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -6.9% | N/A |
| Median 3 years | 17.9% | N/A |
| Median 5 years | 14.89% | N/A |
| 10 years average annual | 4.61% | N/A |
| Weekly media advert. rent | $265 | N/A |
| Time on Market | 126.8 days | N/A |
| Gross Rental Yield Percent | 5.1% | N/A |
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