With a capital gain of 2.42% for the last 12 months, Cooma, 2630 has performed for property investments than its average annual 4.93% property growth over the last 5 years.
While Cooma,2630 ranked number 756th in NSW for increase in median house value (annualised) increase, it is ranked 566th over the last 5 years.
Property investors looking for a bargain in Cooma should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2704 in a list of fastest selling suburbs, Cooma is in the bottom 30% of suburbs in Australia with an average of days on market 95.6518 for properties listed there.
With the median price for a house in Cooma being $317500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.57%
Property investors should expect to get $195 weekly from the median priced house in this suburb.