Thinking about buying in Coolabah? Now could not be a better time, with just 147 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $986,000 with prices in this suburb ranging from $333,000 to $1,699,000. The aproximate distance to the coast is 478 Km.
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In Coolabah 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. Low average incomes in Coolabah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Coolabah 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. With very low industrial sector presence in Coolabah 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.
None within suburb boundary
(While the above schools are located with the suburb of Coolabah there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Sept | 0.9 | 9.5 | 23.6 | 22.9 | 67.8 | 3.9 | 19.3 |
Oct | 0.9 | 13.3 | 27.7 | 19.5 | 62.5 | 3.9 | 23.9 |
Nov | 1.4 | 16.7 | 30.9 | 17.3 | 56.1 | 4.1 | 27.0 |
Dec | 0.9 | 19.6 | 33.8 | 16.8 | 54.0 | 4.1 | 28.5 |
Jan | 1.1 | 22.2 | 36.4 | 16.8 | 54.2 | 4.2 | 27.3 |
Feb | 1.4 | 20.6 | 33.9 | 22.6 | 61.6 | 4 | 24.2 |
Mar | 1.4 | 17.5 | 30.6 | 26.4 | 67.0 | 3.7 | 20.3 |
Apr | 1.0 | 13.3 | 26.2 | 28.3 | 72.9 | 3.2 | 17.0 |
May | 1.0 | 8.7 | 20.5 | 36.5 | 82.5 | 3.2 | 12.9 |
Jun | 1.4 | 6.4 | 16.7 | 46.7 | 91.3 | 3.2 | 10.6 |
Jul | 0.7 | 5.5 | 16.8 | 40.7 | 85.7 | 3.4 | 12.0 |
Aug | 0.6 | 6 | 18.7 | 31.1 | 77.7 | 3.5 | 14.6 |
source: Australian Government Bureau of Meteorology
08-12-2020 | $1,000 | 12 BOURKE ST |
11-11-2020 | $700,332 | 3420 MONKEY BRIDGE RD |
11-11-2020 | $1,399,668 | 3355 GONGOLGON RD |
29-05-2020 | $350,000 | 6299 MITCHELL HWY |
14-11-2019 | $17,950 | 33 BUDTHER ST |
02-07-2019 | $500 | 23 BUDTHER ST |
02-10-2018 | $1,500 | 59 BUDTHER ST |
27-04-2018 | $500 | 59 BUDTHER ST |
15-08-2017 | $240,000 | 6299 MITCHELL HWY |
17-01-2017 | $1,500,000 | 3561 MONKEY BRIDGE RD |
06-04-2016 | $210,000 | 2045 COONEYBAR RD |
27-11-2015 | $655,000 | 215 COONEYBAR RD |
22-01-2015 | $850,000 | 320 DONEYS RD |
22-01-2015 | $850,000 | 921 ARTHUR HALL VC WAY |
11-11-2014 | $380,000 | 2584 COONEYBAR RD |
28-10-2014 | $1,270,000 | 3510 ARTHUR HALL VC WAY |
16-04-2014 | $190,000 | 3486 BOOROOMUGGA RD |
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