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