Suburb Profile Report for Coonamble NSW (2829)

Coonamble House: Median price $117,500, Annual capital growth 0.93%, Number of sales 48, Weekly median advertised rent $200

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

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

  • House Report

Coonamble has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.00% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Coonamble comes in at number 626th in NSW.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.65% offered to property buyers. Sellers in Coonamble itself are offering an average vendor discount of -7.31% to real estate investors.

In the last year 48 properties changed hands in Coonamble, which puts it as the 733th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Coonamble being $117500 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 8.85%

Metrics i HOUSE UNIT
$117,500 N/A
4.44% N/A
0.00% N/A
0.93% N/A
$200 N/A
48 N/A
8.85% N/A
120.44 N/A

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. 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 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
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 457 42.1
    Rented 345 31.8
    Being purchased 269 24.8
    Other tenure type 14 1.3
    Tenure Type
Census 2011, ABS
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