Over the last year, property investments in Cooma, 2630 have given investors a capital gain of 13.64%. This compares favourably with the 11.06% for NSW as a whole.
If we look at median property appreciation over just the last three months, Cooma has given property investors a paper return of 8.70%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Cooma is $250000, with sellers offering an average of -5.59% off the asking price.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 2.96%, investors should hope to achieve an overall return of 6.03%