Coolah

COOLAH, NSW 2843 is a small suburb with a population of 1262 residents. The demographics skew towards older age groups, with a balanced mix of occupations, predominantly managers, professionals, and technicians/tradeworkers. The suburb offers a median household income of $1,162 weekly, and residents mostly rely on motor vehicles for commuting. For house investors in COOLAH, the suburb demonstrates strong investment potential with a high market absorption rate, indicating high demand and possible future price growth. The suburb has shown significant median price growth over the past 3 and 5 years, making it an attractive option for long-term capital appreciation. Additionally, the rental yield is decent at 5.0%, and the discount median is negative, suggesting potential for good returns on investment. COOLAH, NSW 2843 presents a promising opportunity for house investors seeking capital growth and rental yield. With a market absorption rate above 20%, high median growth rates, and a varied mix of occupations in the area, the suburb offers a vibrant community and potential for strong property investment returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022