OFF MARKET

58 Wangie Street
Cooma NSW 2630

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 531m2
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Property Details for 58 Wangie St, Cooma

58 Wangie St, Cooma is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 531m2 and floor size of 185m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
2021
Floor Size
185m2
Land Size
531m2
Local Government
Snowy Monaro Regional
Lot/Plan
35/DP209292

Last Listing description (March 2021)

This brand new never lived in brick home, is sitting nicely on a 532 sqm block of land in what is a brand new estate with no land left available and similar quality home surrounding. With an easy flow and desirable lay out this modern home will surely be a high hitting property in the current market for either home owners or investors

* 4 bedrooms - main includes a walk in robe + ensuite
* Free flowing open plan kitchen/dining and living area opens onto covered alfresco entertaining area

* Heating & Cooling provided by reverse cycle air conditioning
* Big double garage with internal access to the property also incorporating the laundry area and large storage + remote garage door opener
* Returns for investors expected to be north of 5% for unfurnished option and
in excess of 7% gross as a furnished option

Cooma is quickly becoming a hot spot for investment interests due to the strong returns and low tenancy vacancy rates. This property fits the requirements of the current rental market making it perfect for the buyer seeking high returns and new home tax benefits

Property History for 58 Wangie St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$525,000
17 Mar 2021
  • 17 Mar 2021
    Sold for $525,000
  • 28 Jan 2021
    Listed for Sale GUIDE $530,000 - $550,000
  • 17 Jul 2020
    Sold for $101,200

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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 4,010 properties. Over the last 5 years, Houses in Cooma have seen a 74.88% increase in median value, while Units have seen a 25.02% increase. As at 31 October 2024:

  • The median value for Houses in Cooma is $493,998 while the median value for Units is $443,324.
  • Houses have a median rent of $495 while Units have a median rent of $350.
There are currently 61 properties listed for sale, and 18 properties listed for rent in Cooma on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Cooma.

Suburb Insights for Cooma 2630

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Disclaimer
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.