Suburb Profile Report for Coonamble NSW (2829)

Coonamble House: Median price $110,000, Annual capital growth 0.81%, Number of sales 35, Weekly median advertised rent $200

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Coonamble is in the bottom 10% in NSW when comparing median price capital growth over the last year. Coonamble gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.00%.

Over the longer term, Coonamble has seen property prices show investors a -13.73% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Coonamble are currently offering property investors an average price cut of -8.08% below the asking price at the moment.

Property investors should expect to get $200 weekly from the median priced house in this suburb.

Metrics	HOUSE	UNIT
Median price	$110,000	N/A
Quarterly growth	-4.35%	N/A
12-month growth	-12.00%	N/A
Average Annual Growth	0.81%	N/A
Weekly median advertised rent	$200	N/A
Number of sales	35	N/A
Gross rental yield	9.45%	N/A
Days on market	105.3125	N/A

DSR Score for property investment : Above average (H), Balanced (U)

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Demographics

Total population	2997
Median household income ($/weekly)	815
Median age of persons	40
Median housing loan repayment ($/monthly)	800
Average household size	2.5

Census	Count	Percent(%)
5-14 years	471	15.7
25-34 years	303	10.1
35-44 years	360	12.0
45-54 years	405	13.5
55-64 years	388	12.9
Others	1071	35.7

Age Group

Census	Count	Percent(%)
Not Married	951	46.2
Registered Married	853	41.4
Defacto Relationship	254	12.3

Social Marital Status

Census	Count	Percent(%)
Australia	2686	97.4
Greece	8	0.3
Papua New Guinea	7	0.3
United Kingdom	18	0.7
Other	9	0.3
Others	30	1.1

Country of Birth

Census	Count	Percent(%)
Buddhism	6	0.2
Christianity	2515	90.9
Islam	10	0.4
Other Religious Groups	4	0.1
No Religion	230	8.3
Others	3	0.1

Religious Affiliation

Census	Count	Percent(%)
$300-$399	113	11.8
$400-$599	153	16.0
$600-$799	121	12.6
$800-$999	104	10.9
$1,000-$1,249	101	10.6
Others	365	38.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	891	40.9
Employed, worked full-time	769	35.3
Employed, worked part-time	315	14.4
Unemployed, looking for work	114	5.2
Employed, away from work	92	4.2

Person Characteristics

Census	Count	Percent(%)
Managers	254	21.6
Professionals	135	11.5
Technicians & trades workers	137	11.7
Community & personal service workers	159	13.5
Labourers	167	14.2
Others	323	27.5

Occupation

Census	Count	Percent(%)
Pre-school	61	10.1
Infants/Primary	268	44.2
Secondary	183	30.2
Technical or Further Educational Institution	60	9.9
University or other Tertiary Institutions	23	3.8
Others	11	1.8

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2644	96.2
Semi-detached, row or terrace house, townhouse	50	1.8
Flat, unit or apartment	36	1.3
House or flat attached to a shop, office	13	0.5
Caravan, cabin, houseboat	5	0.2
Others	0	0.0