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Coolamon

Suburb Profile

Coolamon - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2701

house

Property investors have seen a 0.51% 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 $295,000

Profits averaged 4.49% 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 $280 based on current median home prices for the suburb.

The gross rental yield in COOLAMON, 2701 is 4.94%.

An average of 3.67 real estate transactions take place per month in COOLAMON which translates to 44 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $295,000 N/A
GROWTH REPORT
Median Quarterly 0.51% N/A
Median 12 month 9.26% N/A
Median 3 years 13.46% N/A
Median 5 years 40.48% N/A
10 years average annual 5.89% N/A
Weekly media advert. rent $280 N/A
Time on Market 123.0 days N/A
Gross Rental Yield Percent 4.94% N/A
demographics (median values)
Total Population
1697
Weekly Household Income
764.3
Household Size
2.60
demographics
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