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COOLAH, 2843 ranks 280th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 21.5% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $195,000.
The downward trend in home prices in COOLAH, 2843 averaged -8.81% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in COOLAH.
An average of 1.67 real estate transactions take place per month in COOLAH which translates to 20 per annum.
20 properties were sold in COOLAH in 2016, making it the 933rd most active market in NSW based on total real estate transactions.
COOLAH, 2843 places 1264th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $195,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -22% | N/A |
| Median 12 month | 21.5% | N/A |
| Median 3 years | -26.42% | N/A |
| Median 5 years | 20% | N/A |
| 10 years average annual | 6.38% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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