All About Coleraine, Southern Grampians, VIC, 3315
Coleraine, located in the Shire of Southern Grampians, Victoria, offers a unique and appealing housing market that reflects the tranquil charm of rural Australia. The town is characterized by its classic and quaint Australian homes, many of which are set on spacious blocks of land. The housing market in Coleraine is generally more affordable compared to larger urban centers, making it an attractive option for first-time homebuyers, retirees, or families looking for a quieter lifestyle. Despite its affordability, the market remains steady, with properties maintaining their value due to the area's desirable peaceful setting and strong community spirit. Prospective buyers will find a mix of older character homes and newer builds, providing a range of options to suit different tastes and needs.
Living in Coleraine offers a taste of true rural living, complete with a tight-knit community that values connection and camaraderie. The town provides its residents with essential amenities, including a local school, health services, and shops to cater to everyday needs, while still retaining the charm of a small-town ambiance. Life in Coleraine is marked by its friendly community events, stunning natural landscapes, and a slower pace that allows residents to truly enjoy their surroundings. The nearby Grampians National Park offers outdoor enthusiasts a chance to explore breathtaking scenery with hiking trails and wildlife watching. Overall, Coleraine is ideal for those seeking a close community lifestyle, with the added benefit of being surrounded by the beauty of nature.
Household Makeup
| Median Weekly Rent | $149.33 |
| Median Monthly Mortgage | $637.00 |
| Median Persons Per bed houseroom | 0.63 |
| Average Household Size | 2.00 |
| Average Age | 58.33 |
| Average Income | $518.00 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 7 |
| Typical 1 bed house | $169,000 |
| Typical 2 bed house | $251,000 |
| Typical 3 bed house | $291,000 |
| Typical 4 bed house | $357,000 |
| Typical 5 bed house | |
| Typical 6 bed+ house |
Housing Stock
Local Internet Speeds
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Coleraine Real Estate Market Outlook
Thinking about buying in Coleraine? Now could not be a better time, with 1121 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $284,000 with prices in this suburb ranging from $41,000 to $658,000. The aproximate distance to the coast is 65 Km.
Consistent high demand relative to supply is a key feature in Coleraine driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Coleraine due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Coleraine provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Coleraine 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 Coleraine 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 Coleraine
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108 Church Street, Coleraine, VIC, 3315 |  3 |
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 1 |
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105 Mcleod Street, Coleraine, VIC, 3315 | |
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$65,000 | |
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5 Read Street, Coleraine, VIC, 3315 | 3 |
1 |
4 |
New Price $165,000 |
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75 Mcleod Street, Coleraine, VIC, 3315 | 3 |
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2 |
$245,000 |
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28 Mcleod Street, Coleraine, VIC, 3315 | 3 |
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49-53 Church Street, Coleraine, VIC, 3315 | |
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$90,000 | |
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66 Read Street, Coleraine, VIC, 3315 | 2 |
1 |
1 |
$255,000 |
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32 Casterton Road, Coleraine, VIC, 3315 | 4 |
1 |
4 |
$265,000 |
Local Schools
St Joseph's School
Coleraine Primary School
(While the above schools are located with the suburb of Coleraine there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Coleraine 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 | 0.6 | 12.1 | 28.1 | 30.9 | 86.8 | 4.3 | 24.5 |
| Feb | 1.3 | 12.6 | 27.0 | 37.7 | 92.6 | 4.2 | 20.9 |
| Mar | 1.2 | 11.1 | 24.2 | 42.4 | 93.8 | 3.9 | 16.2 |
| Apr | 1.5 | 8.8 | 20.3 | 50.6 | 95.6 | 3.4 | 11.7 |
| May | 2.4 | 7.2 | 16.1 | 64.6 | 96.6 | 3.5 | 8.5 |
| Jun | 2.4 | 5.0 | 13.6 | 73.5 | 97.5 | 3.3 | 7.4 |
| Jul | 3.1 | 5.2 | 13.0 | 75.8 | 98.0 | 4.1 | 7.5 |
| Aug | 2.5 | 5.2 | 14.0 | 66.4 | 97.2 | 4.2 | 10.2 |
| Sept | 2.2 | 6.2 | 16.3 | 59.5 | 97.3 | 4.3 | 14.3 |
| Oct | 1.7 | 7.4 | 19.2 | 54.1 | 96.1 | 4.3 | 19.1 |
| Nov | 1.2 | 8.6 | 21.9 | 45.1 | 93.2 | 4.2 | 22.3 |
| Dec | 1.2 | 10.2 | 25.3 | 38.4 | 90.6 | 4.2 | 25.1 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Points Reserve Arboretum - Less than 5 KM
Coleraine Golf Club - Less than 5 KM
Coleraine Racecourse - Less than 10 KM
Swimming Pool - Less than 2 KM
Nearby Suburbs
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