Cooma has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -10.16% to date .
Over the longer term, Cooma has seen property prices show investors a 7.80% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Cooma itself are offering an average vendor discount of -7.40% to real estate investors.
Cooma, 2630’s gross rental yield is 6.00%