Real Estate & Finance

Property Report & Market Data In Shannons Flat

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Average Market Value In Shannons Flat

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Property values in Shannons Flat are typically lower than the state average, reflecting the rural setting, limited local infrastructure, and low housing turnover. The area attracts buyers seeking rural acreages.

570000

Median House Price

3.2 %

House Price Growth

34

Median Unit Price

%

Unit Price Growth

Sales Trends In Shannons Flat

Stay ahead of the fast-moving sales trends around Shannons Flat

Less than 5 properties typically sell per year, reflective of a tightly held rural market. Sale periods are long but properties do eventually transact, largely to owner-occupiers.

2

Total Houses Sold

0

Total Units Sold

110

Days On Market (Houses)

5.3

Vendor Discount

Local Population Movement In Shannons Flat

Learn who is moving in and out of Shannons Flat! Is it on the rise or decline?

Population in Shannons Flat has remained relatively stable, with minor fluctuations due to natural change and seasonal rural movements. There is a low rate of turnover, as most residents are long-term locals.

120

Population Size In Shannons Flat

0

Population Growth In Shannons Flat

55-64

Dominant Age Group InShannons Flat

Couples without children

Household Types In Shannons Flat

Market Decline or Growth Indicators For Shannons Flat

Learn who is moving in and out of Shannons Flat! Is it on the rise or decline?

The market is stable, with marginal growth. Limited stock and low turnover mean prices are resilient, but there are very few sales. Demand for rural properties has increased slightly since 2023.

3.2

Annual Price Growth In Shannons Flat

2

Sales Activity Rate In Shannons Flat

12

Average Stock Inventory Time InShannons Flat

Rental Yields and Demand In Shannons Flat

Find out if this is a good investment opportunity buying real estate in and around Shannons Flat

Yields for rural houses are moderate given low purchase prices, but demand is best described as steady rather than strong.

2

Total Houses Sold

0

Total Units Sold

110

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.3

Vendor Discount

Affordability and Finance Options For Shannons Flat

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2

Total Houses Sold

0

Total Units Sold

110

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.3

Vendor Discount

Lifestyle and Amenities In and Around Shannons Flat

Shannons Flat Lifestyle: Why Live Here

Shannons Flat offers a tranquil rural lifestyle ideal for those seeking space and privacy. Amenities are limited locally, with the nearest shops, schools, and medical services located in the larger regional centre of Cooma. The area is popular for horse riding, bushwalking, and features access to the Snowy Mountains for outdoor recreation.

0

Parks Count

1

Suburb Area

350

Distance To CBD

Property Type Breakdown Shannons Flat

Shannons Flat Properties: Houses vs. Units

2

Total Houses Sold

0

Total Units Sold

110

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

5.3

Vendor Discount

Shannons Flat Suburb Information

Shannons Flat Suburb Stats

State: New South Wales

City: Cooma

Population: Approximately 120

Postcode: 2630

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