SOLD
RECENT ADVICE
Sold on 22 Nov 2024 for $420,000

7 Short Street
Cooma NSW 2630

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 553m2
Sold By
McGrath Snowy Mountains
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Property Details for 7 Short St, Cooma

7 Short St, Cooma is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 553m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Cooma in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
93m2
Land Size
553m2
Local Government
Snowy Monaro Regional
Lot/Plan
D/DP158435

Last Listing description (November 2024)

This charming property is nestled in a highly sought-after location, just moments away from Cooma's CBD. It offers an outstanding investment opportunity, or options for first homebuyers or those looking to downsize.

Features Include:

* 2 bedrooms, one offers built-in wardrobes, high ceilings through-out the home, creating an open and spacious feel to the home.
* Large, light-filled living space with a cozy wood fireplace, ensuring the home is warm in our colder Winter months.
* An undercover outdoor deck, with a good size yard, fully enclosed at rear sitting on a level/flat block.
* Situated close to the popular Cooma Hotel and other local amenties.
*Currently leased with a long-term tenant in place until May 2025, it offers a steady income of $400 per week.

An opportunity to own a solid investment property in a sought-after location. Feel free to get in touch to arrange an inspection.

Property History for 7 Short St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$420,000
22 Nov 2024
Listed for Rent
$380/w
14 Apr 2023
  • 22 Nov 2024
    Sold for $420,000
  • 02 Jul 2024
    Listed for Sale $430,000
  • 28 Mar 2023
    Listed for Rent - Price not available
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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 4,011 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 62 properties listed for sale, and 19 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.