Suburb Profile Report for Cooma NSW (2630)

Cooma House: Median price $250,000, Annual capital growth 2.96%, Number of sales 183, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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%

Metrics i HOUSE UNIT
$250,000 N/A
8.70% N/A
13.64% N/A
2.96% N/A
$290 N/A
183 N/A
6.03% N/A
117.33 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6664
Median household income ($/weekly) 897
Median age of persons 42
Median housing loan repayment ($/monthly) 1200
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 822 12.3
    25-34 years 684 10.3
    35-44 years 852 12.8
    45-54 years 982 14.7
    55-64 years 828 12.4
    Others 2497 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 2239 47.8
    Not Married 1949 41.6
    Defacto Relationship 494 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5358 85.0
    Greece 101 1.6
    Papua New Guinea 100 1.6
    United Kingdom 229 3.6
    Other 156 2.5
    Others 363 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 1.0
    Christianity 4686 78.3
    Hinduism 22 0.4
    Other Religious Groups 20 0.3
    No Religion 1180 19.7
    Others 20 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 11.7
    $400-$599 351 14.6
    $600-$799 275 11.4
    $800-$999 262 10.9
    $1,500-$1,999 262 10.9
    Others 973 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2096 40.3
    Employed, worked full-time 1831 35.2
    Employed, worked part-time 922 17.7
    Employed, away from work 186 3.6
    Unemployed, looking for work 165 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 372 12.7
    Professionals 473 16.1
    Technicians & trades workers 464 15.8
    Community & personal service workers 339 11.6
    Clerical & administrative workers 404 13.8
    Others 881 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 136 9.6
    Infants/Primary 488 34.4
    Secondary 461 32.5
    Technical or Further Educational Institution 218 15.4
    University or other Tertiary Institutions 92 6.5
    Others 23 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5539 92.5
    Semi-detached, row or terrace house, townhouse 268 4.5
    Flat, unit or apartment 156 2.6
    House or flat attached to a shop, office 23 0.4
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 995 38.2
    Being purchased 814 31.3
    Rented 778 29.9
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals