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Coonamble

NSW 2829LGA: Coonamble Shire

Investment Score

68

/100

AI Intelligence Summary

Coonamble is a rural town in north-western NSW, serving as the administrative centre for Coonamble Shire Council, approximately 470km from Sydney. The town features affordable housing with a mix of heritage homes and modern rural properties, making it attractive for those seeking country lifestyle at accessible prices. With essential services including Coonamble Hospital, multiple schools, and active sporting clubs, the community maintains strong rural character despite gradual population decline typical of regional NSW. The local economy centers on agriculture with supporting commercial services, while infrastructure includes the Castlereagh Highway connection, local airport, and progressively upgraded NBN services. Annual events like the Coonamble Rodeo showcase the town's agricultural heritage and community spirit. Property market dynamics reflect limited transaction volumes but stable values, with rental constraints due to seasonal workforce demands. The significant Aboriginal and Torres Strait Islander population adds cultural richness to this aging demographic community that faces typical rural challenges of youth migration and economic diversification needs.

Strengths

  • Affordable housing market with diverse property types
  • Strong agricultural economy and regional service centre
  • Rich cultural heritage with significant Indigenous community
  • Essential services including hospital and schools

Opportunities

  • Agricultural diversification and value-adding industries
  • Tourism development leveraging rodeo and cultural heritage
  • Infrastructure improvements supporting economic growth
  • Renewable energy projects in rural setting

Considerations

  • Gradual population decline due to rural-urban migration
  • Limited employment opportunities outside agriculture
  • Aging population demographic
  • Constrained rental market with limited stock

Property Market

Median House

$185K

+2.1% 1yr

Median Unit

$125K

+1.8% 1yr

Rent (House)

$185/wk

Rent (Unit)

$145/wk

Days on Market

68

Vacancy Rate

2.8%

Auction Clearance

65.0%

Price Growth

Type1 Year3 Year5 Year
House+2.1%+8.5%+15.2%
Unit+1.8%+6.2%+12.1%

Rental Yields

House Yield

5.2%

Unit Yield

6.1%

Investment Scorecard

Overall Investment Score68/100
Growth Potential65/100
Cashflow Score72/100
Risk Score (lower = safer)58/100
Affordability Index85/100

Demand/Supply Ratio: 1.20

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Coonamble at median house price

Standard transfer
$4,645
First Home Buyer
Exempt

Save $4,645

Foreign buyer surcharge
$14,800

+8% surcharge

Annual rent income
$9,620

$185/wk

Interest (80% LVR @ 6.5%)
-$9,620
Other expenses (~2.5%)
-$4,625
Net rental position
-$4,625

Negatively geared

Tax benefit (39% MTR)
+$1,804

Reduces taxable income

After-tax holding cost
$2,821/yr

~$54/week

Based on 3.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$214,882
Capital gain
$24,312
After discount
$12,156
CGT payable
$4,741

10-Year Hold

Est. value
$249,592
Capital gain
$59,022
After discount
$29,511
CGT payable
$11,509

Investor Quick Summary

Entry cost (stamp duty)

$4,645

After-tax yield

3.17%

Weekly holding cost

$54/wk

10yr CGT (est.)

$11,509

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

2,850

Median Age

42

Median Income

$52K

per annum

Family Households

58.0%

Professionals

25.0%

University Educated

18.0%

Unemployment

6.2%

Born Overseas

8.0%

Dwelling Mix

Houses: 78%Units: 18%Townhouses: 4%Total: 1,250

Lifestyle & Community

Walkability45/100
Public Transport2/10
Schools Rating6/10
Safety8/10
Family Friendly7/10
Cafes & Restaurants

8

Parks

4

Hospitals

1

Distance to CBD

470.0 km

Nearest Station: No passenger rail service

Quiet country lifestyle with outdoor recreation, agricultural activities, community events, and close-knit social networks typical of rural NSW towns

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

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