5/18-20 Kerwan StreetCooma NSW 2630
Property Details for 5/18-20 Kerwan St, Cooma
5/18-20 Kerwan St, Cooma is a 9 bedroom, 4 bathroom Unit and was built in 1950. The property has a land size of 8094m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2004.
Last Listing description (June 2026)
Positioned in a well-established area of Cooma, this block of four strata titled units presents an outstanding investment opportunity with strong returns and reliable income already in place. With all units currently leased through Housing on individual tenancy agreements, the property generates a combined rental income of $1,540 per week, delivering immediate cash flow from day one.
Offering a mix of one, two and three-bedroom configurations, the complex caters to a broad tenant base while providing flexibility and long-term appeal. All bedrooms feature built-in wardrobes, and several units have benefited from kitchen and bathroom updates, enhancing both tenant comfort and rental appeal. With proven occupancy, multiple income streams and low vacancy risk often associated with multi-unit investments, this is a rare chance to secure a high-performing asset in the growing Cooma market.
Property Features
- Returning $1,540 per week
- Mix of 1, 2 and 3-bedroom units
- Built-in wardrobes in all bedrooms
- Updated kitchens in selected units
- Updated bathrooms in selected units
- Strong rental history and investment appeal
- Low-maintenance residential complex
- Convenient location close to local amenities and services
- Immediate income stream with tenancies in place
Disclaimer: All information regarding this property is from sources we believe to be accurate, however, we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture, and descriptions.
Property History for 5/18-20 Kerwan St, Cooma, NSW 2630
- 22 Jun 2026Listed for Sale $1,200,000
- 04 Jan 2016Listed for Rent $170 / week
- 02 Oct 2015Listed for Rent $170 / week
Recent sales nearby
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0About Cooma 2630
The size of Cooma is approximately 97.8 square kilometres. There are 16 parks, covering nearly 4.2% of the total area. The population of Cooma in 2016 was 6681 people. By 2021 the population was 6715 showing a population growth of 0.5% in the area during that time. The predominant age group in Cooma is 30-39 years. Households in Cooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooma work in a professional occupation.In 2021, 67.20% of the homes in Cooma were owner-occupied compared with 64.50% in 2016.
Cooma has 4,035 properties. Over the last 5 years, Houses in Cooma have seen a 43.54% increase in median value, while Units have seen a 204.42% increase. As at 31 May 2026:
- The median value for Houses in Cooma is $537,000 while the median value for Units is $680,743.
- Houses have a median rent of $520 while Units have a median rent of $370.
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