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Cooma, NSW 2630
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$580,000
market range $550K-$625K
Median Unit
$580,000
market range $375K-$650K
Gross Yield (houses)
4.7%
1yr Growth (houses)
+3.1%
market range -5.0% to +12.5%
Investment snapshot for Cooma
Cooma has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Cooma market and investor summary
Cooma (NSW 2630) runs a median house price of $580K, with houses yielding a gross 4.7%. House prices have moved +3.1% over the past year and +16.6% over three years. At 1.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.7% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 70 days on market, so plan for a slower exit if you ever need one.
Living in Cooma: people, income and schools
About 6,715 people live in Cooma, a count that has slipped about 2% over five years. The median age is 44, skewed a little older, and families account for 62% of households.
Households here earn a median of about $71,000 a year, or roughly $1,370 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 8.1 times local household income, in line with much of metropolitan Australia. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
There are 8 schools within about 5km, testing close to the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 89 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 6,715
- -2% over 5yr
- Median age
- 44 years
- Median household income
- $71,000/yr
- Households renting
- 29%
- Family households
- 62%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 8
- avg ICSEA 1014
- Unemployment
- 2.6%
- Walk score
- 89/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cooma
No properties currently listed in Cooma
Search Cooma listings →Frequently asked questions about Cooma
What should I check before investing in Cooma?
Cooma has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.7% gives a usable rent-to-price starting point. Tight rental market (1.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Cooma?
The median property price in Cooma, NSW 2630 is $580K for houses and $580K for units.
What rental yield does Cooma show?
The gross rental yield in Cooma is 4.7% for houses and 3.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Cooma?
House prices in Cooma are up 3.1% over the past year and up 16.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Cooma?
The current vacancy rate in Cooma is 1.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Cooma?
Cooma has a population of approximately 6,715 residents, with a median age of 44.
What schools are near Cooma?
There are 8 schools within roughly 5km of Cooma. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Cooma affordable to buy in?
A median house in Cooma costs about 8.1 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Cooma's population growing?
The population of Cooma has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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