Suburb Profile Report for Cootamundra NSW (2590)

Cootamundra House: Median price $262,500, Annual capital growth 5.42%, Number of sales 164, Weekly median advertised rent $270

Cootamundra Unit: Median price $215,000, Annual capital growth -3.73%, Number of sales 13, Weekly median advertised rent $200

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Cootamundra has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.58% to date .

If we look at median property appreciation over just the last three months, Cootamundra has given property investors a paper return of 1.94%. This puts Suburb as 567 on a list of fastest fasting appreciating suburbs in NSW

Cootamundra2590 is located in NSW which offers an average discount of -6.46% to property investors. Cootamundra itself is showing figures that indicate -7.65% is the average achievable by property buyers investing in the suburb.

At number 3389 in a list of fastest selling suburbs, Cootamundra is in the bottom 10% of suburbs in Australia with an average of days on market 125.654 for properties listed there.

Cootamundra is 124th on a list of best yielding suburbs for rents in NSW with a 5.35% return

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Cootamundra itself are offering an average vendor discount of -4.62% to real estate investors.

Residents and property investors in Cootamundra have been waiting around 142.9 days to sell a property.

Cootamundra is 101th on a list of best yielding suburbs for rents in NSW with a 4.84% return

Metrics i HOUSE UNIT
$262,500 $215,000
1.94% N/A
7.58% N/A
5.42% -3.73%
$270 $200
164 13
5.35% 4.84%
125.653846153846 142.9

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Poor (U)
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Demographics
Total population 6694
Median household income ($/weekly) 774
Median age of persons 46
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 864 12.9
    35-44 years 728 10.9
    45-54 years 942 14.1
    55-64 years 1003 15.0
    65-74 years 840 12.5
    Others 2317 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 2641 55.0
    Not Married 1799 37.5
    Defacto Relationship 362 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5927 94.3
    New Zealand 11 0.2
    Papua New Guinea 28 0.4
    United Kingdom 169 2.7
    Other 51 0.8
    Others 99 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.3
    Christianity 5437 87.3
    Islam 17 0.3
    Other Religious Groups 10 0.2
    No Religion 736 11.8
    Others 12 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 330 13.7
    $400-$599 414 17.2
    $600-$799 315 13.1
    $800-$999 222 9.2
    $1,500-$1,999 227 9.4
    Others 897 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2441 47.4
    Employed, worked full-time 1624 31.5
    Employed, worked part-time 807 15.7
    Unemployed, looking for work 149 2.9
    Employed, away from work 134 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 339 13.2
    Professionals 398 15.5
    Technicians & trades workers 363 14.1
    Clerical & administrative workers 305 11.9
    Labourers 406 15.8
    Others 755 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 142 10.5
    Infants/Primary 525 39.0
    Secondary 438 32.5
    Technical or Further Educational Institution 148 11.0
    University or other Tertiary Institutions 74 5.5
    Others 20 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5842 95.8
    Flat, unit or apartment 178 2.9
    Semi-detached, row or terrace house, townhouse 53 0.9
    House or flat attached to a shop, office 17 0.3
    Caravan, cabin, houseboat 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1240 47.3
    Being purchased 745 28.4
    Rented 616 23.5
    Other tenure type 22 0.8
    Tenure Type
Census 2011, ABS
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