Suburb Profile Report for Coolamon NSW (2701)

Coolamon House: Median price $295,000, Annual capital growth 5.89%, Number of sales 44, Weekly median advertised rent $280

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Coolamon has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.26%

Over the longer term, Coolamon has seen property prices show investors a 13.46% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.38% offered to property buyers. Sellers in Coolamon itself are offering an average vendor discount of -5.36% to real estate investors.

Residents and property investors in Coolamon have been waiting around 123.04 days to sell a property.

Metrics i HOUSE UNIT
$295,000 N/A
0.51% N/A
9.26% N/A
5.89% N/A
$280 N/A
44 N/A
4.94% N/A
123.04 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 2128
Median household income ($/weekly) 1009
Median age of persons 42
Median housing loan repayment ($/monthly) 1400
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 338 15.9
    35-44 years 241 11.3
    45-54 years 315 14.8
    55-64 years 247 11.6
    65-74 years 203 9.5
    Others 785 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 846 57.6
    Not Married 499 34.0
    Defacto Relationship 123 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1942 95.7
    New Zealand 8 0.4
    Papua New Guinea 11 0.5
    United Kingdom 32 1.6
    Other 15 0.7
    Others 22 1.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.3
    Christianity 1682 85.7
    Islam 11 0.6
    Judaism 4 0.2
    No Religion 253 12.9
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 73 11.0
    $400-$599 92 13.9
    $800-$999 65 9.8
    $1,000-$1,249 65 9.8
    $1,500-$1,999 82 12.4
    Others 285 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 613 38.9
    Not in the labour force 596 37.8
    Employed, worked part-time 276 17.5
    Employed, away from work 57 3.6
    Unemployed, looking for work 34 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 18.7
    Professionals 152 16.0
    Technicians & trades workers 138 14.5
    Community & personal service workers 106 11.2
    Clerical & administrative workers 116 12.2
    Others 260 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 37 7.1
    Infants/Primary 225 43.0
    Secondary 150 28.7
    Technical or Further Educational Institution 43 8.2
    University or other Tertiary Institutions 60 11.5
    Others 8 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1852 95.1
    Flat, unit or apartment 67 3.4
    House or flat attached to a shop, office 13 0.7
    Caravan, cabin, houseboat 9 0.5
    Semi-detached, row or terrace house, townhouse 7 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 296 40.8
    Fully owned 291 40.1
    Rented 132 18.2
    Other tenure type 6 0.8
    Tenure Type
Census 2011, ABS
Chart Table