Thinking about buying in Mount Coolum? Now could not be a better time, with 2908 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $966,000 with prices in this suburb ranging from $291,000 to $4,407,000. Mount Coolum is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Mount Coolum Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Mount Coolum 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 high percentage of professional people in Mount Coolum classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Coolum requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Mount Coolum

	UNIT 3, 17 MELVILLE CT, MOUNT COOLUM, QLD, 4573	3	1	2	$850,000
	UNIT 25, 23-29 LUMEAH DR, MOUNT COOLUM, QLD, 4573	3	2	2	Under Contract
	UNIT 3, 23-29 LUMEAH DR, MOUNT COOLUM, QLD, 4573	3	2	2	ALL REASONABLE OFFERS CONSIDERED!

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