Cootamundra is in the bottom 10% in NSW when comparing median price capital growth over the last year. Cootamundra gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.59%.
If we look at median property appreciation over just the last three months, Cootamundra has given property investors a paper return of -1.70%. This puts Suburb as 1263 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Cootamundra should be aiming for at least -7.48% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 147 properties changed hands in Cootamundra, which puts it as the 141th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.