SOLD
Sold on 02 Jan 2024 for $520,000

98 Massie Street
Cooma NSW 2630

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 1012m2
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Property Details for 98 Massie St, Cooma

98 Massie St, Cooma is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1012m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Cooma in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
121m2
Land Size
1012m2
Local Government
Snowy Monaro Regional
Lot/Plan
1/DP577528

Last Listing description (July 2014)

IDEAL OPPORTUNITY IN CENTRAL LOCATION
THIS PROPERTY HAS A CONVENIENT TOWN LOCATION AND IS HIGH SET WITH EXCELLENT VIEWS. THE PROPERTY HAS BEEN A LONG TERM RENTAL INVESTMENT FOR THE CURRENT OWNERS AND WOULD CONTINUE SUCCESSFULLY FOR A NEW INVESTOR OR WOULD IDEALLY SUIT AS A FIRST HOME. INTERNALLY THE HOME IS EXTREMELY NEAT BEING FRESHLY PAINTED INSIDE AND FULL OF LIGHT THROUGHOUT. SOME MODERNISATION DOWN THE TRACK WOULD LIFT THE VALUE BUT IS NOT NECESSARY FOR IMMEDIATE OCCUPATION.FEATURES INCLUDE:* 3 VERY LARGE BEDROOMS WITH BUILT INS* SPACIOUS LOUNGE ARE WITH RC/AC AND GREAT VIEWS* SEPARATE DINING ROOM* LARGE KITCHEN WITH DATED LAYOUT BUT IN VERY GOOD CONDITION* SPACIOUS BATHROOM* HUGE POTENTIAL UNDERNEATH THE HOME FOR DEVELOPMENT OF FURTHER LIVING SPACETHIS PROPERTY WILL BE RENTED FOR $265 PER WEEK, WHICH AT THE ASKING PRICE IS A HEALTHY RETURN OF 6.1%. INTEREST RATES ARE AT AN ALL-TIME LOW AND THE RENTAL MARKET IS GOING FROM STRENGTH TO STRENGTH SO ACT NOW AND TAKE ADVANTAGE OF THESE STRONG RETURNS!

Property History for 98 Massie St, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$520,000
02 Jan 2024
Listed for Rent
$250/w
27 Apr 2013
  • 02 Jan 2024
    Sold for $520,000
  • 23 Jul 2014
    Listed for Sale NEW PRICE $209,000
  • 05 May 2014
    Sold for $175,000
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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 4,025 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 68 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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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.