Coonamble

POSTAL CODE: NSW, 2829
HOUSE

Property investors enjoyed capital gains of 18.75% over the last 12 months in COONAMBLE, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.21% growth over a ten-year period. It ranks 1887th on our list of suburbs that property investors should look into.

COONAMBLE, 2829 has a capital gain of 18.75% for the past year, which is higher than average compared to its 72.73% growth within a five-year period.

With the median home price in COONAMBLE sitting at $190,000, and the average rent at $325, property owners could potentially earn a 8.89% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in COONAMBLE are low, as opposed to average gains per annum over the past five years.

COONAMBLE, 2829 in NSW belongs to the local government area of Coonamble.

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