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Cooma, VIC 3616
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$655,000
list-price estimate
Median Unit
$240,000
Gross Yield (houses)
2.8%
1yr Growth
-
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
In Cooma, VIC 3616, houses show a gross rental yield of 2.8%. At 2.7% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 61 days on market, so plan for a slower exit if you ever need one.
Living in Cooma: people, income and schools
About 94 people live in Cooma, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 91% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $72,000 a year (about $1,380 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 94
- -0% over 5yr
- Median age
- 46 years
- Median household income
- $72,000/yr
- Households renting
- 9%
- Family households
- 88%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 2.7%
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. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Cooma?
The median property price in Cooma, VIC 3616 is $240K for units.
What rental yield does Cooma show?
The gross rental yield in Cooma is 2.8% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Cooma?
The current vacancy rate in Cooma is 2.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Cooma?
Cooma has a population of approximately 94 residents, with a median age of 46.
Is Cooma's population growing?
The population of Cooma has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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