SOLD
Sold on 21 Oct 2024 for $660,000

36 Orana Avenue
Cooma NSW 2630

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 106m2
Land area: 658m2
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McGrath Snowy Mountains
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Property Details for 36 Orana Ave, Cooma

36 Orana Ave, Cooma is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 658m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Cooma in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
106m2
Land Size
658m2
Local Government
Snowy Monaro Regional
Lot/Plan
491/DP209289

Last Listing description (November 2024)

Newly renovated throughout, this well presented home and studio provide the perfect income producer! Currently tenanted on lease till September 2025, with income generated of $900 per week makes this property a very attractive investment opportunity with a healthy gross ROI of 6.9%.

Nothing for the new owner to need to spend money on, take over and allow this low maintenance income producer work for you.

FEATURES INCLUDE:

* Newly renovated weatherboard home on a 658sqm corner block
* Offering 3 bedrooms with built-ins
* Spacious and modern family bathroom with separate shower and bath
* Large light filled living with reverse cycle air conditioning
* Large modern kitchen with northerly aspect
* 1 bedroom - kitchen & bathroom studio with excellent space
* Corporate tenant with lease in place till September 2025 paying $900 pw

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Property History for 36 Orana Ave, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$660,000
21 Oct 2024
Listed for Rent
$230/w
22 Sep 2014
  • 21 Oct 2024
    Sold for $660,000
  • 27 May 2024
    Listed for Sale GUIDE $680,000
  • 15 Mar 2022
    Sold for $1
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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 4,026 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 69 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.

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