COOLAH, 2843 ranks 164th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 31.15% 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 $400,000.
The upward trend in home prices in COOLAH, 2843 averaged 27.27% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in COOLAH.
An average of 2.33 real estate transactions take place per month in COOLAH which translates to 28 per annum.
28 properties were sold in COOLAH in 2016, making it the 724th most active market in NSW based on total real estate transactions.
COOLAH, 2843 places 14th in Australia based on median property value growth during the quarter.