Thinking about buying in Coolamon? Now could not be a better time, with just 81 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,359,000 with prices in this suburb ranging from $954,000 to $12,374,000. The aproximate distance to the coast is 296 Km.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
In Coolamon there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Coolamon is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Coolamon provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Coolamon we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Coolamon a better buying opportunity than it may have been in the past.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 17.3 | 34.5 | 21.1 | 72.7 | 4.5 | 27.2 |
| Feb | 2.0 | 16.9 | 31.8 | 28.6 | 77.1 | 4.4 | 23.7 |
| Mar | 2.3 | 13.7 | 28.1 | 32.7 | 83.2 | 4.1 | 19.2 |
| Apr | 1.2 | 8.8 | 23.3 | 39.8 | 90.7 | 3.1 | 15 |
| May | 1 | 4.6 | 18.2 | 48.0 | 95.3 | 2.9 | 12.2 |
| Jun | 1.4 | 2.5 | 14.5 | 60.7 | 97.7 | 2.8 | 9.3 |
| Jul | 1.2 | 1.6 | 13.7 | 59.3 | 97.9 | 2.9 | 9.7 |
| Aug | 1.2 | 1.3 | 15 | 52.8 | 98.2 | 3.2 | 12.3 |
| Sept | 1.5 | 3.6 | 19.5 | 42.7 | 94.9 | 3.6 | 17.2 |
| Oct | 1.4 | 7.6 | 24.3 | 33.1 | 88.3 | 3.7 | 21.7 |
| Nov | 1.6 | 11.5 | 28.1 | 27.2 | 85 | 4.1 | 25 |
| Dec | 1.3 | 14.4 | 31.5 | 22.0 | 76.4 | 4.4 | 28.0 |
source: Australian Government Bureau of Meteorology
| 02-02-2023 | $12,318,822 | 2222 EAST WEST RD |
| 01-04-2020 | $3,956,596 | 2137 MARY GILMORE WAY |
| 01-04-2020 | $3,956,596 | 784 METHUL RD |
| 03-09-2018 | $2,758,350 | 143 O DWYERS LANE |
| 21-03-2017 | $845,240 | 150 HARRIS LANE |
| 05-09-2016 | $824,852 | 491 ARIAH RD |
| 01-02-2016 | $1,571,800 | 2804 EAST WEST RD |
| 31-03-2015 | $940,287 | 309 LEAHYS LANE |
| 31-03-2015 | $2,520,410 | 88 METHUL RD |
| 02-03-2015 | $927,494 | 2552 EAST WEST RD |
| 11-05-2012 | $1,065,750 | 1471 ARIAH RD |
| 11-05-2012 | $1,065,750 | 147 DYASONS LANE |
| 30-03-2012 | $785,376 | 1664 MARY GILMORE WAY |
| 27-05-2011 | $350,000 | 122 GILMORES LANE |
| 29-03-2011 | $268,170 | 4982 ARDLETHAN RD |
| 28-02-2006 | $495,000 | 32 GIBBONS LANE |
| 28-02-2006 | $495,718 | 1664 EAST WEST RD |
| 01-07-2005 | $1,104,000 | 88 METHUL RD |
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