REDBANK PLAINS 
1 MIN READDemand 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...
Read More
CoolamonCoolamon - SUBURB PROFILE REPORT
SHARE 
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 |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
PODCAST
