Coral Bay, located near Carnarvon in Western Australia, is a tranquil coastal community known for its stunning natural beauty and relaxed lifestyle. The housing market in Coral Bay is relatively unique due to its small size and picturesque location on the edge of the Ningaloo Reef. Properties in this area range from modest beach houses to more upscale homes, and the market tends to be influenced by the area's popularity as a holiday destination. Because of its limited size and desirability as a tourist destination, the demand for housing can occasionally outstrip supply, leading to competitive pricing for available properties. Those interested in buying or renting in Coral Bay often appreciate its laid-back atmosphere, away from the hustle and bustle of larger urban centers.
Living in Coral Bay offers a lifestyle that many describe as being synonymous with paradise. The community is small and close-knit, providing a friendly atmosphere where neighbors know each other and participate actively in community events. Residents enjoy direct access to pristine beaches and the world-renowned Ningaloo Reef, which presents incredible opportunities for snorkeling, diving, and other water-based activities. While Coral Bay is somewhat remote, it offers basic amenities and services, with Carnarvon located just a couple of hours drive away for additional shopping, healthcare, and educational facilities. The climate is warm and arid, with plenty of sunshine year-round, making it perfect for outdoor enthusiasts who love exploring nature and embracing a slower, more relaxed pace of life.
Median Weekly Rent | $160.00 |
Median Monthly Mortgage | $3390.00 |
Median Persons Per bed houseroom | 1.40 |
Average Household Size | 2.00 |
Average Age | 33.00 |
Average Income | $871.00 |
Average Cars Per Dwelling | 1.47 |
Average Properties Within 50M | 25 |
Typical 3 bed house |
Housing Stock
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Thinking about buying in Coral Bay? Now could not be a better time, with just 169 residential dwellings it's a highly sought after location. Coral 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
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Coral Bay are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Coral Bay 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property Valuation21 Wahoo Ct, Coral Bay, Wa, 6701 | 3 | 1 | 0 | Shore - Coming Soon... |
None within suburb boundary
(While the above schools are located with the suburb of Coral Bay 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 | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 23.5 | 38.2 | 27.6 | 80.4 | 6.4 | 28.3 |
Feb | 0.2 | 24.0 | 38.6 | 26.1 | 80.0 | 5.7 | 26.6 |
Mar | 0.6 | 24.1 | 38.7 | 24.1 | 79.9 | 5.3 | 24.1 |
Apr | 0.1 | 20.5 | 34.1 | 26.2 | 80.3 | 4.3 | 20.2 |
May | 1.6 | 15.6 | 28.7 | 30.2 | 81.6 | 3.8 | 17.0 |
Jun | 2.0 | 13.6 | 24.9 | 39.4 | 87.1 | 3.6 | 14.6 |
Jul | 0.3 | 11.3 | 25 | 31.9 | 85.8 | 3.7 | 16.0 |
Aug | 0.2 | 11.9 | 27.3 | 25.0 | 84.5 | 4.3 | 19.3 |
Sept | 0.1 | 13.7 | 30.4 | 18.6 | 81.7 | 5.1 | 23.8 |
Oct | 0 | 16.8 | 33.5 | 19.4 | 84.6 | 5.3 | 27.4 |
Nov | 0 | 18.9 | 35.2 | 21.0 | 81.4 | 6.1 | 30.0 |
Dec | 0.1 | 21.7 | 38.2 | 20.9 | 78.9 | 6.3 | 29.9 |
source: Australian Government Bureau of Meteorology
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