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Cooranbong, NSW 2265

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cooranbong, NSW 2265 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

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5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

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Yield 

1BR

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3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Cooranbong, NSW 2265”

  1. The total adult population (15 years or older) of Cooranbong 2265 NSW is 5,667, with a median age of 39. Of those, 51.23% are married, 12.05% are divorced or separated, 29.56% are single and 6.95% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $8,128. The median monthly mortgage repayment for households in this suburb is $2,058 which is 25.32% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in New South Wales, the suburb of Cooranbong 2265 has nearly 3571 households and offers a distinctive appeal for investors in the Australian property market. As we move into Q3 of 2023, typical property prices for houses in Cooranbong are stable at $917,253. Coupled with a median weekly rent of $517, this calculates to an indicative yield of 2.93% which is slightly below the ideal yield threshold of 3%.

    In terms of socio-economic aspects, Cooranbong secured an IRSAD score of 995 out of a total 1217, suggesting a fairly affluent demographic with access to significant economic resources. This suburban environment of successful homeowners is further showcased by the renter to owner ratio, which stands at a healthy 21%. Interestingly, the region portrays a housing culture with the units to houses ratio currently at 0%.

    As for the affordability index, houses in Cooranbong come in at 44 years. This suggests that it requires a substantial amount of time to fully own a property in the area based on a standard 30-year mortgage. Investors need to approach this aspect with consideration, as this could reflect a decreased affordability in the area.

    From a supply perspective, properties on the market are at 0.28% of the total dwellings in Cooranbong. This falls into the favourable spectrum, indicating a low supply market. Likewise, inventory level for these dwellings averages around 1.15 months – a favourable low supply market, indeed. On the flip side, the building approvals ratio is at 1.34%, which is within the neutral range and does not indicate an increase in supply of new dwellings on the immediate horizon.

    The Demand side metrics provide a varied perspective. days on market stands at 99, indicating a slightly lower demand, however, this should be balanced with the other market indications. The Vacancy Rate, while including both houses and units, is just a touch on the higher side at 3.29%. Yet, the buy search index is at 4, suggesting a neutral market demand.

    As always, successful property investment remains a matter of keeping a close eye on market trends and developments. Despite revealing certain challenges in demand and affordability, the market fundamentals, socio-economic standards, and supply metrics paint Cooranbong as a suburb with substantial potential for discerning Australian property investors.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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