Cooma at a glance
6,541
People
$580,500
Median sale
$460/wk
Median rent
4.12%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
$610,000
Last sold
19 June 2026
3
Bedrooms
3
Bathrooms
0
Car spaces
2,023 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$610,000
19 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Cooma (last 5 years) with land size have a median of $675/m² of land (n=146). Districts calculation from recorded sales — not a valuation.
Cooma at a glance
6,541
People
$580,500
Median sale
$460/wk
Median rent
4.12%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
Vs Cooma
+5.1%
Median sale
Suburb $580,500
-0.20 pp
Gross yield
Suburb 4.12%
Suburb median $580,500 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Cooma at a glance
6,541
People
$580,500
Median sale
$460/wk
Median rent
4.12%
Suburb gross yield
Median sale from 80 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath Jindabyne & CoomaSet on an expansive 2,023sqm level block, right in the heart of Cooma, this early 1900's granite grand residence presents an exceptional opportunity for those with vision, offering enormous scope to renovate, develop, and unlock its full potential.
While extensive renovations are required throughout, the foundations for something truly special are already here. With the right vision and hard work, this property could once again become one of Cooma's standout homes.
Features Include:
* Ideally positioned just moments from the heart of Cooma's CBD, offering convenience and outstanding future potential.
* Offering dual access from both Sharp Street and Commissioner Street.
* The home itself is generously proportioned throughout, currently comprising of 3 bedrooms, offering high ceilings throughout.
* 3 bathrooms one of which is located in a bedroom.
* Adding significant appeal, is an already Development Approval to subdivide the block into two equal lots, along with the ability to convert the barn into a small dwelling (STCA).
*R1 General Residential zoning in Cooma offers flexible housing potential, allowing for a range of residential development opportunities including single dwellings, dual occupancies (STCA), making it ideal for both homeowners and investors seeking future growth.
* Further enhancing the property is the substantial barn complete with a new roof, as well as a rear studio that has received the majority of recent upgrades and could comfortably accommodate occupants while renovations to the main residence are completed.
* Current owner has had sewer and water connections to rear of block, closest to Commissioner street.
Rarely does an opportunity of this scale and potential come to market. Whether you are looking to restore a grand residence, undertake a development project, or create a dual-income investment, this is your chance to secure something truly significant.
Online auction to be held on Friday, 19 June
Link to online Timed Auction to register-
https://buy.realtair.com/properties/255917
Listing description written by Tina Baker, McGrath Jindabyne & Cooma — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.