FOR SALE
$490,000

Mulach Street
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1.05ha
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Impressive Subdivision Potential

Discover the ultimate investment opportunity at Lot 2 Mulach Street, Cooma, NSW, 2630. This expansive 1.05-hectare parcel of land presents a wealth of potential, primed for discerning investors looking to capitalise on the region's growth.
Boasting an impressive subdivision potential, the property comes complete with plans drawn up for dividing into 6 sizeable lots, adding significant value to the savvy investor's portfolio. In an added boon, an approved plan for a liveable shed is included, offering immediate utility while planning your development.
The land sale includes an array-fort of valuable inclusions: an unassembled shed ready for erection, two shipping containers for secure storage, a composting toilet for eco-conscious living, a dog run for pet lovers, a cosy wooden shed, and a vital water tank - all ensuring your investment is well-equipped from the get-go.
With the materials for the shed already onsite and factored into the purchase, this offering represents not just a plot of land, but a package deal designed to maximise your investment's potential from day one.
Seize this rare chance to create a bespoke development in Cooma, a vibrant town set against a backdrop of rolling hills and clear blue skies. Lot 2 Mulach Street is a canvas ready for your vision.

Property Details for Mulach St, Cooma

Building Type
Land
Land Size
1.05ha

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About Cooma 2630

The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of total area. The population of Cooma in 2011 was 6,664 people. By 2016 the population was 6,681 showing a population growth of 0.3% in the area during that time. The predominant age group in Cooma is 50-59 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation. In 2011, 67.5% of the homes in Cooma were owner-occupied compared with 64.5% in 2016.

Cooma has 4,024 properties. Over the last 5 years, Houses in Cooma have seen a 74.26% increase in median value, while Units have seen a 73.85% increase. As at 30 November 2024:

  • The median value for Houses in Cooma is $498,930 while the median value for Units is $493,116.
  • Houses have a median rent of $490 while Units have a median rent of $355.
There are currently 67 properties listed for sale, and 17 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Cooma.

Suburb Insights for Cooma 2630

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Craig Schofield
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Jodi Alexander
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.