Coffin Bay
SA, 5607
-
Lower Eyre Peninsula
Thinking about buying in Coffin Bay? Now could not be a better time, with 1060 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $450,000 with prices in this suburb ranging from $38,000 to $1,682,000. Coffin Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $275.00 |
| Median Monthly Mortgage | $1291.00 |
| Median Persons Per Bedroom | 0.75 |
| Average Household Size | 2.00 |
| Average Age | 55.00 |
| Average Income | $712.00 |
| Average Cars Per Dwelling | 2.03 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 1 Bed $361,000 |
| 2 Bed $432,000 |
| 3 Bed $569,000 |
| 4 Bed $664,000 |
| 5 Bed $440,000 |
| 6 Bed+$1,142,000 |
Coffin Bay Real Estate Market Outlook
In Coffin Bay 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 Coffin Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Coffin Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Coffin Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Coffin Bay the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Coffin Bay
|
14 NANCY RD, COFFIN BAY, SA, 5607 |  2 |
 1 |
 6 |
$685,000 - $695,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Coffin Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Coffin Bay 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.3 | 15.6 | 25.7 | 54.2 | 95.6 | 5.6 | 25.7 |
| Mar | 0.1 | 14.3 | 22.8 | 52.7 | 98.2 | 4.9 | 19.4 |
| Apr | 1.1 | 13.4 | 22.0 | 53.3 | 94.5 | 4.6 | 13.1 |
| May | 2.0 | 11.9 | 18.7 | 60.4 | 92.7 | 5.1 | 9.3 |
| Jun | 2.2 | 9.1 | 16.4 | 68.6 | 97.1 | 5.4 | 8.8 |
| Jul | 2.4 | 9.4 | 16.2 | 67.5 | 94.9 | 6.3 | 9.6 |
| Aug | 2.0 | 9.2 | 16.3 | 67.6 | 96.4 | 5.6 | 12.5 |
| Sept | 1.4 | 10.8 | 18.1 | 53.1 | 87.7 | 6.3 | 16.6 |
| Oct | 1.1 | 12 | 21.1 | 55.7 | 92.2 | 5.9 | 20.3 |
| Nov | 0.5 | 12.1 | 21.6 | 51.2 | 94.6 | 5.2 | 24 |
source: Australian Government Bureau of Meteorology
Internet Speed
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