Coonarr, a serene locality in the Bundaberg region of Queensland, offers a unique blend of tranquility and accessibility when it comes to housing. In recent years, the housing market in Coonarr has garnered attention due to its affordable prices compared to more urbanized areas. With a range of properties from modern homes to charming rural retreats, Coonarr offers potential homeowners a chance to live near the coast without the hefty price tag often associated with seaside living. The area is particularly appealing to those looking for a quieter lifestyle, with many properties set on large blocks of land, providing ample space and privacy. The market here typically attracts families, retirees, and investors seeking to capitalize on the region's growing popularity.
Living in Coonarr is characterized by its peaceful, laid-back atmosphere. The area is known for its beautiful natural landscapes, including pristine beaches and lush bushland, making it perfect for outdoor enthusiasts. Residents enjoy a slower pace of life, with the community providing a welcoming and friendly environment. While Coonarr is relatively secluded, essential amenities and services are easily accessed in nearby Bundaberg, which is just a short drive away. This proximity offers a balanced lifestyle where one can enjoy rural charm and natural beauty without sacrificing the conveniences of city living. Overall, Coonarr presents an idyllic setting for those seeking a peaceful retreat with the added benefit of being close to Queensland's stunning coastline.
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Thinking about buying in Coonarr? Now could not be a better time, with just 230 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $405,000 with prices in this suburb ranging from $153,000 to $1,012,000. Coonarr 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 Coonarr 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 Coonarr 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 Coonarr 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 Coonarr 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 Coonarr 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 Coonarr a better buying opportunity than it may have been in the past.
Instant Property ValuationUnit A, 873 Coonarr Road, Coonarr, QLD, 4670 | $1,250,000 | ||||
42 Davenport Drive, Coonarr, QLD, 4670 | 4 | 3 | 6 | CONTACT AGENT |
None within suburb boundary
(While the above schools are located with the suburb of Coonarr 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 | 5.0 | 21.6 | 31.3 | 50.2 | 91.7 | 4.9 | 25.1 |
Feb | 5.2 | 21.6 | 30.9 | 53.1 | 92.0 | 4.8 | 22.1 |
Mar | 5.8 | 20.8 | 29.9 | 53.7 | 93.4 | 4.6 | 19.3 |
Apr | 1.6 | 17.7 | 28.2 | 49.0 | 92.0 | 4.0 | 17.6 |
May | 1.4 | 13.9 | 25.0 | 46.6 | 91.5 | 3.6 | 15.1 |
Jun | 2.1 | 12.6 | 23.1 | 50.3 | 91.9 | 3.8 | 12.9 |
Jul | 0.8 | 10.4 | 23.1 | 43.1 | 92.1 | 3.4 | 14.5 |
Aug | 0.7 | 10.8 | 24.5 | 37.1 | 92.2 | 3.6 | 17.1 |
Sept | 0.6 | 13.9 | 26.8 | 38.2 | 91.4 | 4.1 | 21.0 |
Oct | 1.6 | 16.1 | 28.0 | 42.4 | 91.5 | 4.4 | 24.4 |
Nov | 1.8 | 18.9 | 29.7 | 45.1 | 90.6 | 4.6 | 26.3 |
Dec | 4.5 | 20.5 | 30.6 | 49.2 | 91.0 | 4.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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