All About Cooltong, Renmark Paringa, SA, 5341

Cooltong, located in the Renmark Paringa region of South Australia, is a small yet charming locality that offers an appealing lifestyle for those interested in a close-knit community and a relaxed rural atmosphere. The housing market in Cooltong is characterized by its affordability compared to larger urban areas, making it an attractive option for families and retirees seeking more space and tranquility. Properties in Cooltong mostly comprise of spacious standalone houses with sizeable yards that are ideal for gardening or outdoor activities. The market generally sees less volatility, providing a stable investment for homeowners who appreciate the slower pace of life and the surrounding natural beauty.

Living in Cooltong means embracing a lifestyle that is deeply connected with the environment and the local community. Residents enjoy easy access to the scenic Murray River, where they can engage in various recreational activities such as fishing, boating, and riverbank picnics. Additionally, Cooltong's proximity to the town of Renmark provides easy access to essential amenities like schools, healthcare facilities, shopping centers, and dining options, ensuring that the comforts of modern living are never too far away. The community spirit in Cooltong is strong, with several local events and gatherings fostering a sense of belonging and camaraderie among its residents. Overall, Cooltong offers a peaceful and fulfilling way of life, attracting those who wish to escape the hustle and bustle of city living.

Cooltong Real Estate Market Outlook

Thinking about buying in Cooltong? Now could not be a better time, with just 296 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $597,000 with prices in this suburb ranging from $91,000 to $1,366,000. The aproximate distance to the coast is 206 Km.

In Cooltong 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 Cooltong due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Cooltong 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. Medium density in Cooltong necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Cooltong 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 Valuation

---

---

---

---

---

Public Transport

---

---

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!