All Suburbs

Cooma

NSW 2630LGA: Snowy Monaro Regional

Investment Score

75

/100

AI Intelligence Summary

Cooma is a regional town in the NSW Snowy Mountains region, serving as the administrative center for Snowy Monaro Regional Council. With a population of approximately 6,800, it's known as the gateway to the ski fields and benefits from year-round tourism and recreational opportunities. The town has experienced renewed growth due to the Snowy Hydro 2.0 project, which has brought infrastructure investment and employment opportunities. Property markets show moderate growth with strong seasonal demand driven by tourism and short-term accommodation needs. The community offers a relaxed regional lifestyle with good access to outdoor recreation, adequate healthcare and education facilities, and strong community spirit. While facing challenges of limited employment diversity and seasonal population fluctuations, Cooma presents opportunities for investors seeking regional property exposure with tourism upside.

Strengths

  • Gateway location to Snowy Mountains and ski fields
  • Major infrastructure investment from Snowy Hydro 2.0 project
  • Strong tourism and seasonal accommodation demand
  • Good healthcare facilities including Cooma Hospital

Opportunities

  • Short-term accommodation investment potential
  • Infrastructure upgrades supporting future growth
  • Tourism market expansion
  • Retiree migration from Canberra and Sydney

Considerations

  • Limited employment diversity outside government and tourism
  • Seasonal population fluctuations affecting services
  • Young adult outmigration to larger cities
  • Tight rental market with limited stock

Property Market

Median House

$485K

+8.5% 1yr

Median Unit

$315K

+6.8% 1yr

Median Townhouse

$420K

Rent (House)

$450/wk

Rent (Unit)

$335/wk

Days on Market

42

Vacancy Rate

1.8%

Auction Clearance

68.0%

Price Growth

Type1 Year3 Year5 Year
House+8.5%+22.0%+35.0%
Unit+6.8%+18.5%+28.0%

Rental Yields

House Yield

4.8%

Unit Yield

5.5%

Townhouse Yield

5.0%

Investment Scorecard

Overall Investment Score75/100
Growth Potential72/100
Cashflow Score78/100
Risk Score (lower = safer)65/100
Affordability Index68/100

Demand/Supply Ratio: 1.40

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Cooma at median house price

Standard transfer
$16,355
First Home Buyer
Exempt

Save $16,355

Foreign buyer surcharge
$38,800

+8% surcharge

Annual rent income
$23,400

$450/wk

Interest (80% LVR @ 6.5%)
-$25,220
Other expenses (~2.5%)
-$12,125
Net rental position
-$13,945

Negatively geared

Tax benefit (39% MTR)
+$5,439

Reduces taxable income

After-tax holding cost
$8,506/yr

~$164/week

Based on 7.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$680,238
Capital gain
$176,458
After discount
$88,229
CGT payable
$34,409

10-Year Hold

Est. value
$954,068
Capital gain
$450,288
After discount
$225,144
CGT payable
$87,806

Investor Quick Summary

Entry cost (stamp duty)

$16,355

After-tax yield

2.93%

Weekly holding cost

$164/wk

10yr CGT (est.)

$87,806

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

6,800

Median Age

42

Median Income

$58K

per annum

Family Households

62.0%

Professionals

35.0%

University Educated

22.0%

Unemployment

5.2%

Born Overseas

18.0%

Dwelling Mix

Houses: 78%Units: 18%Townhouses: 4%Total: 2,850

Lifestyle & Community

Walkability65/100
Public Transport3/10
Schools Rating7/10
Safety8/10
Family Friendly8/10
Cafes & Restaurants

22

Parks

8

Hospitals

1

Distance to CBD

385.0 km

Nearest Station: Canberra Railway Station

Outdoor recreation focused lifestyle with skiing, hiking, fishing and camping. Community events, local sports clubs, and proximity to natural attractions define the lifestyle offering.

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Data sourced from multiple sources. Last updated 26 March 2026.

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