7 Palermo Drive, Cooma, NSW 2630 sold on 28 August 2025 | OnTheHouse
SOLD
Sold on 28 Aug 2025 for $935,000

7 Palermo Drive
Cooma NSW 2630

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 151m2
Land area: 866m2
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Property Details for 7 Palermo Dr, Cooma

7 Palermo Dr, Cooma is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 866m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 0 bedroom House sold in Cooma in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
151m2
Land Size
866m2
Local Government
Snowy Monaro Regional
Lot/Plan
136/DP1109187

Last Listing description (September 2025)

Dual Occupancy I Rare investment opportunity with 7% Rental Yield!

Both 4 Bed & 2 Bed are already Rented out! Get Instant Income!

Key features of the Property:

- BIG Land size 866m2
- Residence 1 - 4 Bed, 3 Bath, 2 Garage, 2 Alfresco - Tenanted
- Residence 2 - 2 Bed, 1 Bath, 1 Alfresco - Tenanted
- Currently returning a combined rent of $1,280 per week! ($66,560 per year)
- Both are Leased until 27 July 2026!
- Take advantage of the Depreciation

Location Highlights:
- 2 min approx drive to Snowy Hydo Office
- 3 min approx drive to Cooma North Public School and Pre School
- 3 min approx drive to Monaro High School and Playground
- 4 min approx. drive to Cooma CBD, Coles, Woolworths, Medical Centre and Childcare
- 4 min approx drive to St Patricks Primary and High School
- 5 min approx. drive to Cooma Hospital
- 5 min approx. drive to Snowy Hydro Segment Factory at Polo Flat Business Park
- Easy access to Snowy Mountains, Jindabyne, and Canberra
- Ideally located near shops, school and job hubs making it attractive to quality tenants.

Secure this easy investment now and get two rental incomes from Day one!

For Pricing and availability call Manoj on 0430 333 570

Disclaimer:
Impressive Property Sales acts as the selling agent for the vendor/builder. Whilst we believe all information gathered is reliable and accurate we do not guarantee the accuracy of the information, nor do we accept liability should there be any delays or changes made by the developer or vendors. Artist impression used for illustrative purposes only. Actual home colours, materials, inclusions and finishes may vary. Images, plans and descriptions are conceptual and for illustrative purposes only, subject to change. Internal and external perspectives are representative images only. Please refer to the Contract of Sale for further details. Home Image courtesy of Google Maps.

Property History for 7 Palermo Dr, Cooma, NSW 2630

A timeline of how this property has performed in the market
Last Sold
$935,000
28 Aug 2025
  • 28 Aug 2025
    Sold for $935,000
  • 28 May 2025
    Listed for Sale Dual Occupancy|Rare investment opportunity
  • 21 Aug 2021
    Sold for $1
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About Cooma 2630

The size of Cooma is approximately 97.8 square kilometres. It has 16 parks covering nearly 4.2% of 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 4,026 properties. Over the last 5 years, Houses in Cooma have seen a 56.68% increase in median value, while Units have seen a 163.29% increase. As at 30 November 2025:

  • The median value for Houses in Cooma is $506,107 while the median value for Units is $613,192.
  • Houses have a median rent of $480 while Units have a median rent of $375.
There are currently 59 properties listed for sale, and 18 properties listed for rent in Cooma on OnTheHouse. According to Cotality's data, 169 properties were sold in the past 12 months in Cooma.

Suburb Insights for Cooma 2630

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.