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All About Cockatoo, Cardinia, VIC, 3781

The housing market in Cockatoo, a charming town located in the Cardinia Shire of Victoria, has been experiencing noticeable dynamics reflective of both regional trends and its unique local appeal. Over recent years, Cockatoo has drawn interest from buyers seeking a more relaxed lifestyle away from the bustling urban centers, while still maintaining reasonable access to Melbourne. The area offers a mix of residential properties, from classic family homes to more spacious lots, catering to diverse needs and preferences. This has contributed to a stable demand for housing, with prices adjusting as more people discover the many charms of living in this semi-rural setting. The market here tends to reflect the broader movements in Victorian property prices, although Cockatoo's specific appeal ensures it remains a sought-after spot within the region.

Living in Cockatoo offers a serene and community-focused lifestyle, often appealing to families and individuals looking for a quieter existence without completely severing ties to city life. The town is known for its lush natural surroundings, including parks and bushland, which provide ample opportunities for outdoor recreation and nature exploration. Local amenities and services cater well to the community's needs, and there's a strong sense of local identity and camaraderie among residents. The relatively small size of Cockatoo fosters a close-knit community atmosphere, often highlighted by local events and gatherings. Moreover, the town's educational facilities, along with its proximity to larger commercial hubs via convenient transport links, make it a practical choice for those seeking a balance of tranquility and accessibility.

Household Makeup

Median Weekly Rent $393.10
Median Monthly Mortgage $1748.00
Median Persons Per bed houseroom 0.85
Average Household Size 3.00
Average Age 35.90
Average Income $858.40
Average Cars Per Dwelling 2.33
Average Properties Within 50M 5
Typical 1 bed house$609,000
Typical 2 bed house$723,000
Typical 3 bed house$944,000
Typical 4 bed house$1,148,000
Typical 5 bed house$1,239,000
Typical 6 bed+ house$1,438,000

Housing Stock

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Cockatoo Real Estate Market Outlook

Thinking about buying in Cockatoo? Now could not be a better time, with 1933 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $958,000 with prices in this suburb ranging from $159,000 to $5,031,000. The aproximate distance to the coast is 27 Km.

In Cockatoo there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cockatoo due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Cockatoo leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Local Schools

Cockatoo Primary School

Emerald Secondary College

(While the above schools are located with the suburb of Cockatoo there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cockatoo weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan7.725.935.253.792.54.523.2
Feb5.426.036.147.390.64.323.8
Mar3.925.335.943.691.13.624.1
Apr0.422.835.636.285.73.421.9
May1.518.732.530.876.83.518.5
Jun014.931.122.266.23.617.9
Jul0.314.631.222.871.03.418.5
Aug0.214.833.415.464.03.821.4
Sept018.436.519.479.73.925.8
Oct0.022.837.427.582.94.427.9
Nov0.325.838.630.880.44.828.6
Dec2.726.538.140.185.44.926.7

source: Australian Government Bureau of Meteorology




General Points of Interest


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