5/322 Parker St, Cootamundra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 92m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Unit 5, 322 Parker Street presents purchasers with a great opportunity to secure a solid investment property with a rental return over 6% per annum. The tenant has been in occupation for over 18 months and has always paid rent on time.
The property itself is a studio style, one-bedroom, one-bathroom apartment with a single lock-up garage and is located only a short 5 minute stroll from Cootamundra's town centre. This makes it incredibly sought after by tenants.
Features include;
- Rental income of $190/week (over 6% return) to a long-term tenant
- Open-plan one-bedroom, one-bathroom, single lock-up garage
- 5 minute walk to centre of Cootamundra
- Reverse-cycle Air-conditioning
- Private balcony
- Laundry in garage
For more information or to arrange an inspection, please contact Flemings Cootamundra.
The size of Cootamundra is approximately 888.4 square kilometres. There are 26 parks, covering nearly 2.1% of the total area. The population of Cootamundra in 2016 was 6782 people. By 2021 the population was 6885 showing a population growth of 1.5% in the area during that time. The predominant age group in Cootamundra is 60-69 years. Households in Cootamundra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cootamundra work in a professional occupation.In 2021, 71.60% of the homes in Cootamundra were owner-occupied compared with 70.40% in 2016.
Cootamundra has 4,115 properties. Over the last 5 years, Houses in Cootamundra have seen a 75.61% increase in median value, while Units have seen a 56.39% increase. As at 31 August 2026:
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