Cooma

Cooma is a small suburb with a population of 94 residents. The age distribution is varied, with significant numbers in the age groups of 0-4 years, 5-19 years, and 45-64 years. The median household income weekly is $1,375, and there is a mix of occupation types residing in the suburb, with the top occupation categories being Managers, Technicians and Tradesworkers, and Labourers. The residents have a preference for commuting by motor vehicle. Cooma presents a unique opportunity for property investors interested in the housing market due to its limited property count and stable property prices over the years. With a low rental ratio and high sale price growth, it might be suitable for investors looking for long-term capital growth. The suburb also shows high demand based on online search interest, indicating a potential for increased property values in the future. Cooma, VIC 3616, offers a quiet lifestyle with a small population and diverse age groups. For property investors, particularly in the housing market, it presents an interesting investment opportunity with stable property prices, low rental ratio, and high sale price growth trends. The suburb's high demand, as reflected in online search interest, suggests promising returns for investors seeking long-term capital growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022