Suburb Profile Report for Coonamble NSW (2829)

Coonamble House: Median price $102,500, Annual capital growth 4.17%, Number of sales 28, Weekly median advertised rent $225

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Property value increases in Coonamble have tracked close to the NSW average of 1.14% over the last 12 months.

Over the longer term, Coonamble has seen property prices show investors a -21.15% return over the last 3 years. This is an improvement over the last 12 months

Coonamble2829 is located in NSW which offers an average discount of -6.46% to property investors. Coonamble itself is showing figures that indicate -14.34% is the average achievable by property buyers investing in the suburb.

In the last year 28 properties changed hands in Coonamble, which puts it as the 898th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $11700 per annum or $225 every week.

Metrics	HOUSE	UNIT
Median price	$102,500	N/A
Quarterly growth	-12.77%	N/A
12-month growth	0.49%	N/A
Average Annual Growth	4.17%	N/A
Weekly median advertised rent	$225	N/A
Number of sales	28	N/A
Gross rental yield	11.41%	N/A
Days on market	102.9	N/A

DSR Score for property investment : Below 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