All About Wool Bay, Yorke Peninsula, SA, 5575
Wool Bay, located on the picturesque Yorke Peninsula in South Australia, offers a tranquil and charming living environment, characterized by its coastal beauty and close-knit community. The housing market in Wool Bay is often appealing to those seeking a serene lifestyle away from the hustle and bustle of city life. With a mix of quaint cottages and modern homes, properties in Wool Bay provide an opportunity for both permanent residents and holiday homeowners to capitalize on its stunning ocean views and peaceful surroundings. Generally, property prices remain relatively affordable compared to metropolitan areas, making it an attractive option for first-time buyers, retirees, or anyone looking for a sea change.
Living in Wool Bay means embracing a lifestyle that revolves around nature, with easy access to pristine beaches, excellent fishing spots, and scenic walking trails. The community is known for its friendly and welcoming ambiance, where neighbors often become friends and local events bring residents together. While Wool Bay is a small locality, its proximity to nearby towns ensures that essential amenities and services are within reach, enhancing the convenience of living in a rural setting. Overall, the peaceful atmosphere, combined with the natural beauty of the area, makes Wool Bay a delightful place for those who appreciate a relaxed, outdoor lifestyle.
Household Makeup
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Housing Stock
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Wool Bay Real Estate Market Outlook
Thinking about buying in Wool Bay? Now could not be a better time, with just 342 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $354,000 with prices in this suburb ranging from $75,000 to $596,000. Wool 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
In Wool Bay 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 Wool Bay 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 Wool 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. Lower than average population density constrains growth in Wool Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Wool Bay 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 ValuationProperties for sale Wool Bay
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2-4 Sixth Street, Wool Bay, SA, 5575 |  3 |
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$649,000 - $679,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Wool Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Wool Bay weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.4 | 17.0 | 26.0 | 43.5 | 84.6 | 5.9 | 27.0 |
| Feb | 0.8 | 17.3 | 25.3 | 47.1 | 84.9 | 5.9 | 23.4 |
| Mar | 0.8 | 15.8 | 23.7 | 49.0 | 86.4 | 5.5 | 18.9 |
| Apr | 0.9 | 13.1 | 21.6 | 49.8 | 89.3 | 4.6 | 14.3 |
| May | 1.5 | 10.6 | 18.2 | 56.6 | 92.4 | 4.6 | 10.6 |
| Jun | 1.7 | 8.5 | 15.7 | 63.1 | 93.8 | 4.7 | 9.3 |
| Jul | 2.0 | 7.4 | 15.6 | 63 | 95.8 | 4.7 | 9.5 |
| Aug | 1.3 | 7.0 | 16.3 | 56.7 | 94.5 | 4.4 | 12.4 |
| Sept | 1.7 | 8.3 | 18.3 | 53.5 | 94.9 | 4.6 | 16.5 |
| Oct | 0.6 | 11.0 | 20.8 | 44.3 | 90.5 | 5.1 | 21.6 |
| Nov | 0.8 | 13.4 | 22.6 | 45.5 | 87.2 | 5.4 | 25.0 |
| Dec | 0.5 | 15.1 | 25.1 | 40.4 | 84.4 | 5.6 | 29.0 |
source: Australian Government Bureau of Meteorology
General Points of Interest
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Nearby Suburbs
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