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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 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|