All About Coffin Bay, Lower Eyre Peninsula, SA, 5607
Coffin Bay, located on the Lower Eyre Peninsula in South Australia, offers a unique and appealing housing market that reflects its charming coastal lifestyle. As a small town known for its stunning natural beauty and access to the famous Coffin Bay National Park, the area offers a range of properties, from quaint beachside cottages to modern family homes with views of the bay. The housing market in Coffin Bay is relatively stable, but has experienced a slight increase in interest, driven by the allure of a serene lifestyle and the growing demand for holiday homes. This has resulted in a mix of permanent residents and a significant number of properties being used as vacation rentals. Overall, the market is attractive to those looking for a laid-back lifestyle or a peaceful retirement spot, away from the hustle and bustle of larger cities.
Living in Coffin Bay is characterized by a close-knit community atmosphere and a deep connection to nature. Residents enjoy a slow-paced lifestyle with ample opportunities for outdoor activities such as fishing, boating, and hiking. The local economy is bolstered by tourism, particularly during peak holiday seasons, and the town is famous for its fresh seafood, particularly oysters, which are a staple of the local cuisine. Despite its small size, Coffin Bay offers essential amenities, including a general store, local eateries, and healthcare services, while larger shopping and entertainment options are available in nearby Port Lincoln, about 40 kilometers away. The community is welcoming, and living in Coffin Bay means being surrounded by stunning landscapes and wildlife, making it an idyllic location for nature lovers and those seeking tranquility.
Household Makeup
| Median Weekly Rent | $275.00 |
| Median Monthly Mortgage | $1291.00 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $361,000 |
| Typical 2 bed house | $432,000 |
| Typical 3 bed house | $569,000 |
| Typical 4 bed house | $664,000 |
| Typical 5 bed house | $440,000 |
| Typical 6 bed+ house | $1,142,000 |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Coffin Bay Real Estate Market Outlook
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
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.
Instant Property ValuationHouses for sale Coffin Bay
|
14 Nancy Road, Coffin Bay, SA, 5607 |  2 |
 1 |
 6 |
Expression of Interest by 4pm 31st January 2025 |
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
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!