All About Koongal, Rockhampton, QLD, 4701

Koongal, a suburb in the northeastern part of Rockhampton, Queensland, presents a dynamic housing market characterized by affordability and diversity. The suburb offers a range of housing options, including traditional Queenslander-style homes, modern residences, and investment properties. As of the latest data, the housing market in Koongal is relatively stable, with moderate price increases compared to other suburbs in Rockhampton. This makes it a particularly attractive location for first-time buyers and investors seeking a balance between cost and convenience. With its proximity to Rockhampton’s central business district, Koongal offers residents easy access to essential amenities such as schools, shopping centers, and healthcare facilities.

Living in Koongal offers a blend of suburban tranquility and accessibility to urban conveniences. The community is known for its friendly and welcoming neighborhood atmosphere, making it a great place for families and retirees. Residents enjoy a range of recreational activities due to the suburb’s close proximity to parks, such as the popular Mt Archer National Park, which provides opportunities for hiking and outdoor adventures. Additionally, Koongal offers a pleasant lifestyle with its laid-back pace, allowing residents to enjoy the natural beauty of the surrounding areas. Public transportation links the suburb with the rest of Rockhampton, ensuring that commuting to work or school is manageable. Overall, Koongal presents an appealing blend of lifestyle and affordability for its residents.

Koongal Real Estate Market Outlook

Thinking about buying in Koongal? Now could not be a better time, with 2277 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $360,000 with prices in this suburb ranging from $75,000 to $1,911,000. The aproximate distance to the coast is 20 Km.

In Koongal 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 Koongal 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 Koongal 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 Koongal 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 Koongal 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 Koongal a better buying opportunity than it may have been in the past.

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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