COOLAH, 2843 ranks 823rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.67% 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 $350,000.
The upward trend in home prices in COOLAH, 2843 averaged 18.98% 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 2.58 real estate transactions take place per month in COOLAH which translates to 31 per annum.
31 properties were sold in COOLAH in 2016, making it the 679th most active market in NSW based on total real estate transactions.
COOLAH, 2843 places 224th in Australia based on median property value growth during the quarter.