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NSW › Cooma › Kiah Ave

39 Kiah Ave, Cooma NSW 2630

For saleLand for Sale

$395,000

For sale

Asking

0

Bedrooms

0

Bathrooms

0

Car spaces

876 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $395,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $395,000(Listing record · 27 May 2026)
  • FactLand 876 m²; no building size recorded.(Property record)
  • CalculationAsk is 32% below the Cooma median recorded sale ($580,500, n=80, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Cooma's advertised median rent ($460/wk), implied gross yield would be 6.06% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$395,000

Asking · $451/m² of land

No recorded sale for this property.

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.

See the full Cooma report →

Vs Cooma

-32.0%

Median sale

Suburb $580,500

+1.94 pp

Gross yield

Suburb 4.12%

Suburb median $580,500 from 80 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$395,000
Stamp Duty (New South Wales)
$12,187
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$411,054

$16,054 on top of the price (4.1% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Cooma's advertised median rent — not a rent for this listing.

Net yield
4.56%
Annual cashflow (pre-tax)
$-2,545
Interest cover (DSCR)
0.88
Annual rent
$23,920
Operating expenses
$5,925
Loan amount
$316,000
Annual interest
$20,540
Gross yield
6.06%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$395,000available27 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 6.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Cooma in one glance

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.

See the full Cooma report →

Keep researching

  • Why Cooma? Read the area thesis →
  • What else is on the market in Cooma →
  • Other records on Kiah Ave →

Listing material

Listed by SaleByHomeOwner.com.au

DA & CC Approved – Build Immediately or Redesign

The phone enquiry code for this property is - 2932

Build immediately using the approved plans or submit your own design (subject to approval).

Secure an established 876 m² residential block with DA Approval, Construction Certificate, completed excavation and the first mandatory inspection completed.

Read the full description

The property includes an approved Development Application (DA) and Construction Certificate (CC) for a contemporary 4-bedroom residence of approximately 272 m² under roof, including a double garage and covered alfresco. The thoughtfully designed home features spacious open-plan living, a separate media room, study, walk-in pantry, and generous family accommodation. Construction has already commenced in accordance with the approved Development Application and Construction Certificate.

A unique advantage for prospective buyers is the opportunity to personalise the approved home design before construction progresses further. Subject to the necessary approvals, the internal floor plan, room configuration, and living areas can be modified to better suit individual lifestyle and family requirements. Revised plans can be professionally prepared and approved before construction progresses further, allowing purchasers to create a home tailored to their own preferences while retaining the benefit of an already approved project.

Significant site preparation has already been completed, including excavation works, geotechnical investigations, soil testing, material consistency reporting, engineering documentation, and the first mandatory inspection. These completed works substantially reduce the time, cost, and uncertainty normally associated with commencing a new build.

The property is connected to the sewer network and includes a temporary sewer-connected toilet for ongoing construction. A water meter has been installed, with potable water connected to the existing shed. Town water, stormwater, and electricity services are available.

An existing fully equipped shed provides excellent storage, a practical site office, or convenient facilities during construction.

Professional architectural plans, floor plans, and high-quality 3D concept images are included, enabling prospective buyers to clearly visualise the approved home before construction continues.

This is a rare opportunity to acquire a highly advanced residential project where considerable time, effort, and investment have already been made, allowing the next owner to focus on building rather than navigating lengthy planning approvals and early site works.

Key Features

876 m² residential block

DA Approval

• Construction Certificate Issued

• Excavation Completed

• First Mandatory Inspection Passed

• Engineering, Geotechnical & Soil Reports Included

• Build immediately using the approved plans or submit your own design (subject to approval).

Property Code: 1810

Listing description written by Sale By Home Owner, SaleByHomeOwner.com.au — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.