Suburb Profile Report for Coonamble NSW (2829)

Coonamble House: Median price $105,000, Annual capital growth 5.89%, Number of sales 43, Weekly median advertised rent $190

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic What is the right investment loan for you? Find out now

House Report

Property investors who have had real estate in Coonamble, 2829 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.65%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coonamble has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -8.52% to buyers in Coonamble at the moment, which is less than average for the rest of NSW.

Advertised rents are around the $190 mark per week – giving a return of 9.41% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$105,000	N/A
Quarterly growth	0.96%	N/A
12-month growth	-17.65%	N/A
Average Annual Growth	5.89%	N/A
Weekly median advertised rent	$190	N/A
Number of sales	43	N/A
Gross rental yield	9.41%	N/A
Days on market	92.92	N/A

Source: CoreLogic

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