49 Mirrool Street S, Coolamon NSW 2701
49 Mirrool Street S, Coolamon NSW 2701
Solid 1012m2 block in Coolamon | 3-bed single-bath with reverse-cycle in main | quiet owner-occupied street with 92% long-term residents | priced below comparable Mimosa St listing
This property offers a rare combination of a generous 1012m2 block in a street where 90% of residents own their homes and 92% have lived there long-term, which signals low turnover and stable neighbourhood character. The main bedroom’s reverse-cycle air conditioning is a practical edge for comfort in a rural climate, and the house is described as move-in ready, reducing immediate capital outlay. It is best suited to a buyer seeking a solid family home in a quiet town with good schooling options within walking distance, particularly Coolamon Central School at 0.4km.
The single bathroom and smaller land size compared to the nearby Mimosa St listing at 4046m2 may limit appeal for families wanting more space or dual-living potential, and the lack of recent sales history or rental data means the buyer must rely on agent-provided floor plans and inspection to verify condition. With only 17 three-bedroom sales in Coolamon this year and an average 58 days on market, patience is advisable; the property’s pricing relative to comparable listings suggests room to negotiate if it lingers. Hold this property as a long-term family home or consider it for steady rental yield in a stable rural market where owner-occupancy dominates.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 49 Mirrool Street S, Coolamon NSW 2701
Market Insight:
Coolamon offers a compelling rural lifestyle proposition within the Riverina, attracting families and professionals seeking a quieter alternative to urban centres. Demand is driven by this demographic shift and accessible entry points, supported by a steady volume of sales. The market exhibits exceptionally strong recent capital growth, with houses achieving robust rental yields, indicating active investor and owner-occupier interest. Future momentum is underpinned by these sustained demand drivers, though its sensitivity to broader economic conditions remains a consideration given the rapid price appreciation.