Suburb Profile Report for Coolamon NSW (2701)

Coolamon House: Median price $252,500, Annual capital growth 5.51%, Number of sales 45, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report

With a capital gain of 1.81% for the last 12 months, Coolamon, 2701 has performed for property investments than its average annual 5.51% property growth over the last 5 years.

A 10.50% growth in median value for property investors in Coolamon,2701 puts this suburb at number 1020th in terms of best performing suburbs in NSW

The most recent median price for Coolamon is $252500, with sellers offering an average of -8.54% off the asking price.

A $252.5 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 5.51%.

HOUSE UNIT
$252,500 N/A
-0.98% N/A
1.81% N/A
5.51% N/A
$253 N/A
45 N/A
5.20% N/A
158.89 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Coolamon NSW
Demographics
Total population 2128
Median household income ($/weekly) 1009
Median age of persons 42
Median housing loan repayment ($/monthly) 1400
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 338 15.9
    35-44 years 241 11.3
    45-54 years 315 14.8
    55-64 years 247 11.6
    65-74 years 203 9.5
    Others 785 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 846 57.6
    Not Married 499 34.0
    Defacto Relationship 123 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1942 95.7
    New Zealand 8 0.4
    Papua New Guinea 11 0.5
    United Kingdom 32 1.6
    Other 15 0.7
    Others 22 1.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.3
    Christianity 1682 85.7
    Islam 11 0.6
    Judaism 4 0.2
    No Religion 253 12.9
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 73 11.0
    $400-$599 92 13.9
    $800-$999 65 9.8
    $1,000-$1,249 65 9.8
    $1,500-$1,999 82 12.4
    Others 285 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 613 38.9
    Not in the labour force 596 37.8
    Employed, worked part-time 276 17.5
    Employed, away from work 57 3.6
    Unemployed, looking for work 34 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 18.7
    Professionals 152 16.0
    Technicians & trades workers 138 14.5
    Community & personal service workers 106 11.2
    Clerical & administrative workers 116 12.2
    Others 260 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 37 7.1
    Infants/Primary 225 43.0
    Secondary 150 28.7
    Technical or Further Educational Institution 43 8.2
    University or other Tertiary Institutions 60 11.5
    Others 8 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1852 95.1
    Flat, unit or apartment 67 3.4
    House or flat attached to a shop, office 13 0.7
    Caravan, cabin, houseboat 9 0.5
    Semi-detached, row or terrace house, townhouse 7 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 296 40.8
    Fully owned 291 40.1
    Rented 132 18.2
    Other tenure type 6 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals