Cooma, NSW

OVERVALUED

6,486 sales · 36 years of data · NSW, Australia

$560,000
Median (All)
$560,000
Median (Houses)
$516,000
Median (Apartments)
9.5%
10yr CAGR
5.6%
36yr CAGR
2.4%
Strata %
36 years of data · 6,486 sales analysed · 2,500+ suburbs · Updated weekly

Cooma, NSW Property Market Overview

Cooma, NSW, postcode 2630, is a significant regional centre located in the Snowy Mountains region of New South Wales. This analysis of AusPropertyInsights.app provides a comprehensive overview of its property market, covering 36 years of recorded sales data. With a total of 6,486 sales recorded, Cooma presents a detailed case study of property trends in regional NSW.

Currently, the median property price in Cooma stands at $560,000, with houses also at $560,000 and apartments at $516,000. Cooma's property market offers a mix of housing options, though apartments make up a smaller percentage of the total property landscape. This data-rich analysis aims to provide prospective buyers, sellers, and observers with valuable insights into the Cooma property market as of early 2026.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $1,239,114
Based on the 10-year compound annual growth rate of 9.5%
Predominantly houses2% apartments
98% of sales are houses and other non-strata properties
Loading chart...

Property Mix

98%
Houses 98%$560,000Apartments 2%$516,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Cooma

Street Rankings

Top streets in Cooma, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Bent StHouse8$610,000
2Baron StHouse6$562,500
3Tulong AveHouse8$685,000
4Chapman StHouse6$575,000

... and 313 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Vale StHouse5$1,813/m²
2Bradley StHouse6$811/m²
3Warm Corner RdHouse3$439,035/m²
4Mawson StHouse4$791/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Church RdHouse+15.8%
2Mulach StHouse+12.9%
3Ernest Phillips AveHouse+11.5%
4Egan StHouse+10.6%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

24
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

42
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

2%
apartments across 24 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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317 streets and 24 buildings to explore

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3 street rankings
All 317 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
24 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 6,486 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Cooma at a Glance

Region
Snowy Monaro Region
CBD Distance
Approx. 400km south-west of Sydney CBD
Train Station
Cooma Railway Station (currently inactive passenger services)
Council
Snowy Monaro Regional Council
Property Character
Established residential with low-density housing
Community
Families, retirees, and regional professionals

Cooma, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Cooma, NSW

Living in Cooma offers a unique blend of regional charm and access to stunning natural landscapes. Cooma is the largest town in the Snowy Monaro region, providing essential services and amenities to surrounding communities. The town boasts several schools, including Cooma North Public School and Monaro High School, catering to families with children.

Residents enjoy access to various parks and recreational facilities, such as Centennial Park and the Cooma Swimming Pool. The Cooma CBD features a range of shops, cafes, and restaurants, providing a vibrant local atmosphere. Cooma also has a hospital and various medical facilities, ensuring access to healthcare.

Cooma is known for its strong sense of community and its connection to the Snowy Mountains. The town hosts various events and festivals throughout the year, fostering a lively and engaging environment for residents.


Who Buys in Cooma?

The buyer profile in Cooma is varied, reflecting the town's diverse appeal. Given the median house price of $560,000, the suburb attracts a mix of families, first home buyers, and downsizers. The relatively low strata percentage (2.4%) suggests that houses are the preferred property type.

With a 10-year CAGR of 9.5%, Cooma has also attracted investors seeking capital growth. The accessibility of Cooma is appealing to those seeking a more relaxed lifestyle. Overall, Cooma appeals to those seeking a balance of affordability, lifestyle, and potential for long-term growth.

Market Analysis

As of early 2026, the Cooma property market is currently positioned above its long-term trend, indicating that it is in overvalued territory. This assessment is based on historical sales data and price movements analysed by AusPropertyInsights.app.

Being in overvalued territory suggests that property prices in Cooma may be elevated compared to their historical average. While this doesn't necessarily indicate an imminent market correction, it does highlight the importance of careful consideration for potential buyers and sellers navigating the Cooma property market. Understanding this cycle position is crucial for informed decision-making.


Is Cooma a Good Investment?

Analysing Cooma's property market through AusPropertyInsights.app reveals a history of steady growth. The full-period CAGR of 5.6% over 36 years highlights the long-term appreciation of property values in the area. More recently, the 10-year CAGR of 9.5% indicates accelerated growth in the past decade.

As of early 2026, Cooma's market is positioned above its long-term trend, indicating that it is in overvalued territory. This data provides valuable context for potential buyers and sellers to assess the current market conditions. The factors that drive property values in Cooma include its location, access to amenities, and the strength of the local economy. The demand for housing in Cooma is influenced by its role as a regional centre and its proximity to the Snowy Mountains.


Cooma Market Outlook

As of early 2026, the Cooma property market is exhibiting characteristics of being above its long-term trend, indicating that it is in overvalued territory. Recent price trends suggest a period of strong growth, reflected in the 10-year CAGR.

AusPropertyInsights.app continues to monitor the Cooma market closely, providing up-to-date data and analysis to help users navigate the evolving landscape. This overview provides a snapshot of the market conditions as of early 2026.

Streets & Location in Cooma, NSW

Cooma, identified by postcode 2630, features a diverse range of residential streets. Among the streets with higher median property prices are Bligh Street, Massie Street, and Church Road. These streets, along with the other 314 streets in Cooma, contribute to the overall character and value distribution within the suburb.

Cooma’s location in the Snowy Mountains region contributes to its unique appeal. The town serves as a gateway to the ski fields and national parks, impacting its property market dynamics.

Market Dynamics

The Cooma property market demonstrates relatively efficient transaction times, with an average settlement period of 42 days. This timeframe reflects the typical process for property sales in the region. AusPropertyInsights.app monitors these settlement patterns to provide insights into market liquidity.

Quick-flip percentages are not applicable in this data, suggesting limited speculative activity within the Cooma property market. This could indicate a market driven more by owner-occupiers and long-term investors.

Development & Density

Cooma maintains a relatively low development density, characterised by a greater prevalence of detached houses compared to apartments. The suburb contains 24 apartment buildings, representing a small portion of the overall housing stock.

This housing composition contributes to Cooma's character as a regional centre with a more traditional residential landscape. The lower apartment density may appeal to those seeking larger properties and more space.

Growth & Property Mix

Historically, Cooma has demonstrated steady property growth. The 10-year Compound Annual Growth Rate (CAGR) stands at 9.5%, indicating strong recent growth. Looking further back, the 20-year CAGR is 5.0%, while the full-period CAGR, covering 36 years, is 5.6%. These figures provide context on the historical performance of the Cooma property market.

With a relatively small percentage of strata properties (2.4%), the Cooma property market is dominated by houses. These factors are important considerations for anyone analysing the potential of the Cooma market.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Cooma, NSW

What is the median property price in Cooma?
The current median property price in Cooma is $560,000, which is the same as the median house price. The median apartment price is slightly lower at $516,000. These figures provide a general indication of property values in the area.
Is Cooma overvalued or undervalued?
According to our analysis, as of early 2026, the Cooma property market is currently positioned above its long-term trend, indicating that it is in overvalued territory. This assessment is based on historical sales data and price movements.
How has the Cooma property market performed over 10 years?
The Cooma property market has demonstrated strong growth over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 9.5%. This figure indicates significant appreciation in property values during this period. This growth reflects the attractiveness of Cooma as a place to live and invest.
What percentage of Cooma is apartments vs houses?
Apartments represent a small percentage of the total property market in Cooma. Strata properties, which are predominantly apartments, make up only 2.4% of the total. This indicates that houses are the dominant property type in the suburb.
Where is Cooma in the property cycle?
As of early 2026, Cooma is positioned above its long-term trend, indicating that it is in overvalued territory. This assessment is based on historical sales data and price movements. This position reflects the current dynamics of the Cooma property market.
What schools are near Cooma?
Cooma offers several schooling options, including Cooma North Public School and Cooma Public School for primary education. For secondary education, Monaro High School is a prominent option. These schools cater to families living in and around Cooma.
What is Cooma like to live in?
Cooma offers a relaxed regional lifestyle with access to stunning natural landscapes. The town provides essential services and amenities, including shops, cafes, and healthcare facilities. With a strong sense of community and a connection to the Snowy Mountains, Cooma is a desirable place to live.
Is Cooma good for families?
Cooma can be a good option for families, offering a range of housing options and access to schools and parks. The relatively affordable median house price, compared to major cities, can make it attractive. The presence of schools like Cooma North Public School and Monaro High School further enhance its appeal for families.
How far is Cooma from Sydney CBD?
Cooma is located approximately 400 kilometres south-west of the Sydney CBD. The drive takes around 4-5 hours, making it a manageable distance for occasional trips. While there are no active passenger train services, bus services connect Cooma to Canberra and other regional centres.
What transport options are in Cooma?
While Cooma's railway station currently doesn't offer passenger services, bus services provide connections to Canberra and other regional towns. Major roads, such as the Monaro Highway, facilitate travel by car. Cooma-Snowy Mountains Airport offers limited flights to Sydney and other destinations.
How does Cooma compare to nearby suburbs?
Compared to nearby smaller towns, Cooma generally has higher median property prices due to its role as a regional centre. The growth rates in Cooma may also be influenced by its proximity to the Snowy Mountains. Each town in the region has its own unique characteristics and property market dynamics.
Is Cooma a good first home buyer suburb?
Cooma's median house price of $560,000 may be accessible to some first home buyers, particularly compared to Sydney. The prevalence of houses and the regional lifestyle may appeal to those seeking a more affordable entry point into the property market. However, individual financial circumstances should always be carefully considered.
What are the best streets in Cooma?
While 'best' is subjective, streets with higher median prices often indicate desirable locations. In Cooma, Bligh Street, Massie Street, and Church Road are among the streets with higher median property values. These streets may offer attractive amenities or desirable property characteristics.
How many properties have been sold in Cooma?
Over the 36 years of data recorded, a total of 6,486 properties have been sold in Cooma. This figure represents a significant volume of transactions, providing a substantial dataset for analysing property trends.
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