Cooma is a medium-sized suburb in New South Wales within the Snowy Monaro Regional local government area (postcode 2630). It is home to about 6,715 residents, with an established family demographic and a median age of 44. Households earn a median income of $71K per year, with an average household size of 2.2 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward retail trade and construction. The top ancestries reported are Australian, English, Irish.
Cooma has a median house price of $565,000, which has risen modestly by 0.9% year-on-year. Units have a median price of $580,000 (+94.3% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
Cooma is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 1013, which is around the national average of 1,000. Public transport access includes 142 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Snowy Monaro Regional LGA is below average at 2,086 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.1% (high yield). Property prices sit below the state median ($565K/$1.5M), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +0.9% year-on-year.