8 Poole Place, Cooma NSW 2630
This property is Off Market
- Last sold 9/2/2024 for $920,000. The Average property price in this area is $664,166, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 84.65 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 26 BLAIRGOWRIE AVE $420,000
- 10/22/2024 5 WALLA ST $390,000
- 10/18/2024 23 ORANA AVE $460,000
- 10/16/2024 3 ALLARA ST $380,000
- 10/15/2024 90 WANGIE ST $555,000
About Cooma
With an average age of 44, households expect an average monthly mortgage payment of $1,281 or a weekly rent payment of $225. The average family earns a weekly income of $1,607 with a typical household size of 2 and a 98.8% employment rate.
In Cooma 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 Cooma 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. Low average earnings from people in Cooma leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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. With very low industrial sector presence in Cooma the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Public Transport
Cooma
General Points of Interest
Cooma Golf Club
Cooma Festival Swimming Pool
Southern Cloud Memorial
Cooma Correctional Centre
Centennial Plaza
Cooma Basketball Stadium
Sir William Hudson
Cooma Correctional Centre
The Cenotaph
Kosciuszko Memorial
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 878 asthma sufferers and 296 people living with diabetes. In addition, 378 people have a heart/vascular condition and 835 people live with three or more chronic diseases.A good place to invest in property?
Cooma a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
14 / 100
31 / 100
Industry
06 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
35 / 100
60 / 100
Jobs
14 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsCooma NPS Monaro HS
Property Story
8 Poole Place, Cooma, Nsw, 2630 is a residential property with 5 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $935,000 while properties of this type typically sell for between $610,000 and $1,100,000 in this suburb. The estimated distance to the sea is 84.65km and 0.3KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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