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ABS 2021 Census · Updated 21 May 2026
Cooma is a regional centre in New South Wales, Australia, with a population of approximately 6,715, making it a smaller community. Located approximately 326 km from the Sydney CBD, Cooma is a regional area in New South Wales. The median household income is $71,448 per year.
Lower income levels in Cooma typically translate to more affordable entry points for investors. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Official Australia Post postcode for Cooma. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 2 schools within or near this suburb.
Find schools near Cooma on My School →Estimated 3 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Cooma's population of 6,715 sits 26% above the New South Wales suburb median of 5,325, giving it a wider tenant and buyer catchment than the average NSW locality. Cooma's median household income of $71,448/year is 27% below the New South Wales suburb median ($97,552) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median weekly rent of $290 equates to $1,257/month — about 97% of the median mortgage repayment of $1,300/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Cooma is 326 km from Sydney, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.
This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.
How Cooma stacks up against the median of all New South Wales suburbs in our dataset. Positive values mean Cooma sits above the state median; negative means below.
| Metric | Cooma | NSW median | Δ vs state |
|---|---|---|---|
| Population | 6,715 | 5,325 | +26% |
| Median household income | $71,448/yr | $97,552/yr | -27% |
| Median rent (weekly) | $290 | $430 | -33% |
| Median mortgage (monthly) | $1,300 | $2,167 | -40% |
| Distance to CBD | 326 km | 45 km | +624% |
| Separate houses | 76% | 76% | 0pp |
Pre-inspection briefing for Cooma — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: household incomes 27% below the NSW median ($71,448 vs $97,552) means liquidity is thin and capital growth tends to lag the wider New South Wales market over full cycles.
Strong rental coverage: $290/week (~$1,257/month) covers 97% of the $1,300/month median mortgage repayment, so the shortfall sits at just $43/month. Investors targeting positive cash flow should shortlist this suburb.
With 76% houses in a 6,715-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Cooma property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Cooma are modest for 2026 — incomes 27% below the NSW median of $97,552 suggest gains will lag headline metro markets. Rental coverage runs at ~97% of the typical mortgage ($1,257/month rent vs $1,300/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 42/100 places Cooma in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.
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Cooma scores 42/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 6,715, median household income of $71,448/year and median weekly rent of $290. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Cooma are a median household income of $71,448/year, a dwelling mix that is 76% separate houses, roughly 2 schools and 3 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Cooma has a usual resident population of approximately 6,715, compared with a New South Wales suburb median of 5,325 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Cooma sits 326 km straight-line from the Sydney CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $290 in Cooma, equating to approximately $15,080/year in gross rental income (state median $430/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Cooma is $1,300, or approximately $15,600/year (vs $2,167/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $290 works out to $1,257/month, covering 97% of the median mortgage repayment of $1,300/month. That leaves a $43/month shortfall (around $516/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,300 median mortgage, below-median household incomes ($71,448 vs $97,552 state median), the broader New South Wales market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.