Suburb Profile Report for Cootamundra NSW (2590)

Cootamundra House: Median price $210,000, Annual capital growth 3.09%, Number of sales 155, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

At number 3686th in the list of Australian suburbs ordered by increase in median house value over the last year, Cootamundra, 2590 is in the BOTTOM 20% with a property value increase of -5.41% recorded in median house prices.

Cootamundra,2590 was ranked 3172 in Australia by increase in median property value over the quarter.

Vendor discounting in Cootamundra is giving property investors an average Vendor Discount of around -6.40%. This puts suburb at number 212th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Cootamundra the average time real estate has been on the market is 125.54 days.

With the median price for a house in Cootamundra being $210000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 6.19%

Metrics i HOUSE UNIT
$210,000 N/A
-0.94% N/A
-5.41% N/A
3.09% N/A
$250 N/A
155 N/A
6.19% N/A
125.54 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (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
Chart Table
Recent sales & rentals