With a capital gain of -18.64% for the last 12 months, Coonamble, 2829 has performed for property investments than its average annual 7.34% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Coonamble has given property investors a paper return of -9.43%. This puts Suburb as 1357 on a list of fastest fasting appreciating suburbs in NSW
Property buyers and investors in Coonamble 2829 should be seeing an average reduction in asking price of around -12.42% . This means that Coonamble is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Coonamble being $120000 and the advertised rent reaching $170 the gross rental yield for property investors calculates out to be 7.37%