All About Cooee, Burnie, TAS, 7320

Cooee, a charming suburb of Burnie in Tasmania, offers a unique blend of coastal living and community warmth. As a residential area, it has gained attention in the housing market for its relative affordability compared to larger urban centers while still providing stunning ocean views and a relaxed pace of life. The housing market in Cooee has been particularly appealing to first-time homebuyers and retirees, attracted by its array of modest family homes and the opportunity for serene coastal living. Despite fluctuations in the broader Australian property market, Cooee's local real estate scene tends to reflect its stable, friendly community vibe, making it an attractive option for those looking to invest in property without the competitive hustle and bustle of bigger cities.

Living in Cooee is characterized by its scenic landscapes and easy access to natural wonders, making it a haven for outdoor enthusiasts. Residents enjoy close proximity to beautiful beaches, such as Cooee Beach, which is perfect for swimming, fishing, or simply soaking up the sun. The community has a welcoming, small-town feel, where local shops, cafes, and schools foster a neighborly atmosphere. Its tight-knit community is ideal for families, and the slower pace allows for a more laid-back lifestyle where one can truly appreciate the balance between work and relaxation. With amenities in nearby Burnie readily accessible, Cooee offers a charming balance of peaceful residential life with the convenience of urban facilities just a short drive away.

Cooee Real Estate Market Outlook

Thinking about buying in Cooee? Now could not be a better time, with just 488 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $296,000 with prices in this suburb ranging from $21,000 to $1,455,000. Cooee 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

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Cooee due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Cooee classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Cooee requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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