Coolamon vs Marrar

Marrar (median $279,900) is roughly 55% cheaper to buy into than Coolamon ($622,000).

Buying in Coolamon or Marrar?

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Coolamon and Marrar side by side

MeasureCoolamonMarrar
Price and market
Median house$622,000$279,900
Median unit$237,600$199,440
House price change, 12 months–-15.2%
Renting
House rent$450/wk$390/wk
Owner occupied79.0%82.0%
Renter occupied17.0%16.0%
Schools
Schools nearby24
Average ICSEA999998
Lifestyle and people
Walk score40
Transit score100
Bike score00
Population2,275363
Median age4239
Climate
Annual rainfall490 mm525 mm
Mean max, January33.0°C32.5°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Coolamon scores higher on walkability (4/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Coolamon (999) sits above Marrar (998).

For buyers
Marrar is the lower entry point at $279,900 median, 55% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Marrar offers the higher gross rental yield (7.25% vs 3.76%), favouring cash-flow investors.
For families
Coolamon edges out on average school ICSEA (999 vs 998).

Coolamon vs Marrar: common questions

Is Coolamon or Marrar cheaper to buy in?

Marrar has the lower median house price at $279,900, roughly 55% below Coolamon ($622,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Coolamon or Marrar have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Coolamon scores 999 vs 998 in Marrar. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Coolamon or Marrar?

Coolamon scores 4/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Coolamon or Marrar?

Gross rental yield on houses is 7.25% in Marrar vs 3.76% in Coolamon. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.