16 Alkoomi Place, Cooma NSW 2630

16 Alkoomi Place, Cooma NSW 2630
4 bedrooms, 2 bathrooms, 4 car spaces on 709 square metres. Single-storey residence built in 2022 with a master suite featuring walk-in robe and ensuite. Area views noted. Built-in wardrobes to three bedrooms, dishwasher and ceiling fans included. This property is positioned as a premium executive home in Cooma, distinguished by its rare combination of four bedrooms and four car spaces on a manageable single-storey footprint. The 2022 construction date places it well ahead of the typical housing stock in the area, which tends toward older builds. The area views add a lifestyle dimension that is not common at this price point. It serves best buyers seeking a modern, low-maintenance home with generous parking and separation between living and sleeping zones. The rental demand at $1,200 per week confirms strong appeal from high-income tenants, which reinforces its suitability for buyers who may want flexibility in the future. The lot size of 709 square metres is standard for the street but smaller than some larger blocks nearby, which may affect how the property compares for buyers who prioritise land over house condition. The listing price sits well above what is typical for the suburb, and the price guide range shows some variation in market expectations. The rental yield sits around 4.8 percent, which is reasonable but not exceptional for the area. Buyers should weigh whether the premium finishes and newer build justify the price gap over older properties that might offer more land or a lower entry point.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Alkoomi Place, Cooma NSW 2630
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Cooma presents as an affordable regional market with a mature demographic profile. Demand is underpinned by investors attracted to strong rental yields and a tight vacancy rate, alongside owner-occupiers seeking value. Recent price growth has been tempered, with sales activity remaining steady but properties taking time to transact. Future performance will hinge on maintaining its rental demand advantage, though constrained stock levels and market velocity present watchpoints for both affordability and liquidity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

709m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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