Kogan, situated in the Western Downs region of Queensland, offers a unique glimpse into rural Australian life, with its housing market reflecting this distinct charm. The area is characterized by a mix of modest single-family homes and larger properties that often come with expansive land. Prices tend to be more affordable compared to urban centers, making it an enticing option for those seeking a quieter lifestyle or an investment opportunity in rural real estate. Kogan's housing market doesn’t experience the high volatility seen in city markets, providing stable property values over time. Recent trends show a gradual increase in demand as more people seek respite from the bustling city life, drawn by the promise of serene landscapes and a close-knit community environment.
Living in Kogan offers a peaceful and relaxed lifestyle, where residents can enjoy the tranquility of wide-open spaces and natural beauty. The community is small and tight-knit, fostering a strong sense of belonging among its inhabitants. With agriculture being a significant part of the local economy, many residents find employment in farming or related industries. The lifestyle is largely centered around outdoor activities, with plenty of opportunities for hiking, wildlife spotting, and enjoying the expansive Australian bush. While amenities and services are more limited compared to urban areas, the town provides essential conveniences, and larger towns are accessible for further needs. Life in Kogan is ideal for those looking to disconnect from the frenetic pace of city living and embrace a more grounded, community-oriented way of life.
Median Weekly Rent | $150.00 |
Median Monthly Mortgage | $600.00 |
Median Persons Per bed houseroom | 0.90 |
Average Household Size | 3.00 |
Average Age | 44.00 |
Average Income | $617.00 |
Average Cars Per Dwelling | 2.26 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $241,000 |
Typical 2 bed house | $337,000 |
Typical 3 bed house | $545,000 |
Typical 4 bed house | $314,000 |
Typical 5 bed house | $241,000 |
Housing Stock
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Thinking about buying in Kogan? Now could not be a better time, with just 420 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $249,000 with prices in this suburb ranging from $33,000 to $992,000. The aproximate distance to the coast is 199 Km.
In Kogan 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 Kogan 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. The slightly lower than average earnings from occupations in Kogan changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Kogan necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Kogan we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Kogan a better buying opportunity than it may have been in the past.
Instant Property ValuationLot 3 Wallace Street, Kogan, QLD, 4406 | $85,000 neg |
Kogan State School
(While the above schools are located with the suburb of Kogan 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 | 2.4 | 19.3 | 33.5 | 31.8 | 83.6 | 4.9 | 25.6 |
Feb | 2.2 | 18.4 | 32.2 | 34.0 | 83.8 | 5.1 | 22.8 |
Mar | 2.5 | 17.0 | 30.3 | 37.4 | 87.5 | 4.7 | 20.0 |
Apr | 0.5 | 12.3 | 27.0 | 34.4 | 87.5 | 4.0 | 17.8 |
May | 1.1 | 7.9 | 22.7 | 38.0 | 89.1 | 3.7 | 14.6 |
Jun | 1.0 | 5.5 | 20.3 | 41.0 | 88.9 | 3.6 | 12.4 |
Jul | 0.7 | 4.1 | 20.3 | 36.2 | 87.4 | 3.6 | 13.9 |
Aug | 0.4 | 4.3 | 22.8 | 26.2 | 81.2 | 3.8 | 16.8 |
Sept | 0.5 | 7.9 | 27.0 | 22.9 | 82.9 | 4.2 | 22.1 |
Oct | 1.6 | 12.4 | 28.6 | 27.7 | 85.6 | 4.6 | 24.4 |
Nov | 1.1 | 14.9 | 32.4 | 19.5 | 79.3 | 5.0 | 26.9 |
Dec | 1.6 | 18.3 | 33.6 | 25.6 | 79.6 | 5 | 25.2 |
source: Australian Government Bureau of Meteorology
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