With a capital gain of 13.73% for the last 12 months, Coolamon, 2701 has performed for property investments than its average annual 4.99% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Coolamon has given property investors a paper return of 5.65%. This puts Suburb as 314 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Coolamon should be aiming for at least -6.58% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Coolamon have been waiting around 153.6 days to sell a property.
With the median price for a house in Coolamon being $290000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 4.84%