Coonamble
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
$185K
+2.1% 1yr
$125K
+1.8% 1yr
$185/wk
$145/wk
68
2.8%
65.0%
Price Growth
| Type | 1 Year | 3 Year | 5 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
Demand/Supply Ratio: 1.20
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Coonamble at median house price
Save $4,645
+8% surcharge
$185/wk
Negatively geared
Reduces taxable income
~$54/week
Based on 3.0% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
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
2,850
42
$52K
per annum
58.0%
25.0%
18.0%
6.2%
8.0%
Dwelling Mix
Lifestyle & Community
8
4
1
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.