Coolamon has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.96% to date .
While Coolamon,2701 ranked number 546th in NSW for increase in median house value (annualised) increase, it is ranked 1053th over the last 5 years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Coolamon itself are offering an average vendor discount of -8.91% to real estate investors.
Often selling an investment property can take time, and in Coolamon the average time real estate has been on the market is 156 days.
Situated 383.41km from the CBD, Coolamon is one of Coolamon localities in the postcode 2701.