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Snowy Monaro Regional, NSW

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The Snowy Monaro Regional Council is a local government area in New South Wales, centred in the Snowy Mountains and Monaro regions. The LGA’s property market is dominated by rural properties, with a small number of residential real estate available in the towns of Cooma and Jindabyne. House prices vary greatly, depending on the location and size of the property.

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The region has a diverse economy, with agriculture, forestry, tourism, and manufacturing all playing a role. The main agricultural products are beef, lamb, wool, and dairy products.

Managers account for 18.9 % of employment in Snowy Monaro Regional, followed by technicians and trades workers (14.1 %), professionals (13.7 %), community and personal service workers (12.2%), and labourers (11.8 %). Snowy Monaro Regional residents aged 15 years and older have a median weekly personal income of $675.

In Snowy Monaro Regional, 85.2 % of privately inhabited residences are detached houses, 4.6 % are semi-detached, row or terrace houses, townhouses, etc., 5.5 % are flats or apartments, and 1.5 % are other dwellings.

Given that the Snowy Monaro region is a popular tourist destination, there is strong seasonal demand for rental properties in the area. Some property investors look into purchasing properties that are currently being used as holiday rentals, as these are likely to bring in higher rental yields. Additionally, the region’s close proximity to Canberra could make it a desirable place to invest in property, as the Canberra property market is also performing well.

Use the interactive dashboard below to assess the Snowy Monaro property market for property investment.

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Suburb Heatmap Analysis

Property Market Snapshot

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

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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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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Property Market in Snowy Monaro Regional Council, NSW

What other property markets are there near Snowy Monaro Regional Council, NSW?

Snowy Monaro Regional Council is surrounded by 5 other council areas – Snowy Valleys, Eurobodalla, Act, Queanbeyan-Palerang Regional, Bega Valley.

Suburbs/localities in this Local Government Area: Coolringdon 2630, Coolumbooka 2632, Cooma 2630, Cootralantra 2628, Corrowong 2633, Countegany 2630, Crackenback 2627, Craigie 2632, Creewah 2631, Avonside 2628, Dairymans Plains 2630, Dalgety 2628, Dangelong 2630, Delegate 2633, Dry Plain 2630, Badja 2630, East Jindabyne 2627, Eucumbene 2628, Adaminaby 2629, Frying Pan 2630, Glen Allen 2631, Glen Fergus 2630, Grosses Plain 2627, Gunningrah 2632, Hill Top 2628, Holts Flat 2631, Ingebirah 2627, Ironmungy 2630, Jerangle 2630, Jimenbuen 2630, Jincumbilly 2631, Jindabyne 2627, Jingera 2622, Kalkite 2627, Kybeyan 2631, Lords Hill 2632, Maffra 2630, Merriangaah 2632, Michelago 2620, Middle Flat 2630, Middlingbank 2630, Mila 2632, Moonbah 2627, Mount Cooper 2631, Beloka 2628, Murrumbucca 2630, Myalla 2630, Nimmitabel 2631, Nimmo 2628, Numbla Vale 2628, Numeralla 2630, Old Adaminaby 2629, Paddys Flat 2632, Palarang 2632, Berridale 2628, Paupong 2628, Peak View 2630, Pine Valley 2630, Polo Flat 2630, Providence Portal 2629, Quidong 2632, Bibbenluke 2632, Rhine Falls 2630, Rock Flat 2630, Rockton 2632, Rocky Plain 2628, Rose Valley 2630, Rosemeath 2632, Billilingra 2630, Shannons Flat 2630, Snowy Plain 2628, Springfield 2630, Binjura 2630, Tantangara 2629, The Angle 2620, The Brothers 2630, Tinderry 2620, Tombong 2633, Tuross 2630, Wambrook 2630, Williamsdale 2620, Bobundara 2630, Boco 2631, Winifred 2631, Yaouk 2629, Bolaro 2629, Bombala 2632, Bondi Forest 2632, Bullocks Flat 2627, Burrungubugge 2627, Ingeegoodbee 2627, Jacobs River 2627, Creel Bay 2627, Ngarigo 2627, Tolbar 2629, Wilsons Valley 2624, Gooandra 2629, Charlotte Pass 2624, Perisher Valley 2624, Broken Dam 2629, Smiggin Holes 2624, Guthega 2624, Blue Cow 2624, Munyang 2624, Nungar 2629, Thredbo 2625, Ando 2631, Anembo 2621, Braemar Bay 2628, Bredbo 2626, Anglers Reach 2629, Buckenderra 2630, Bukalong 2632, Arable 2630, Bumbalong 2626, Bungarby 2630, Bunyan 2630, Burra 2620, Byadbo Wilderness 2628, Cambalong 2632, Carlaminda 2630, Chakola 2630, Clear Range 2620, Colinton 2626

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