Median Weekly Rent | $274.25 |
Median Monthly Mortgage | $1568.75 |
Median Persons Per bed houseroom | 0.83 |
Average Household Size | 2.50 |
Average Age | 54.00 |
Average Income | $531.25 |
Average Cars Per Dwelling | 1.85 |
Average Properties Within 50M | 1 |
Typical 1 bed house | $439,000 |
Typical 2 bed house | $517,000 |
Typical 3 bed house | $836,000 |
Typical 4 bed house | $694,000 |
Housing Stock
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Thinking about buying in Coralville? Now could not be a better time, with just 77 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $676,000 with prices in this suburb ranging from $82,000 to $1,252,000. Coralville is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
In Coralville 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 Coralville 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 Coralville 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Coralville 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 Coralville a better buying opportunity than it may have been in the past.
Instant Property ValuationMoorland Public School
(While the above schools are located with the suburb of Coralville 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 | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
01-08-2024 | $350,000 | 76 Coral Lane |
19-07-2024 | $790,000 | 541 Coralville Road |
02-09-2022 | $711,000 | 541 Coralville Road |
03-08-2021 | $570,000 | 447 Coralville Road |
10-03-2021 | $675,000 | 77 Lone Pine Road |
16-06-2020 | $853,000 | 519 Coralville Road |
02-08-2018 | $425,000 | 505 Coralville Road |
08-06-2018 | $450,000 | 91 Coral Lane |
05-12-2017 | $305,000 | 3 Armstrongs Lane |
30-06-2017 | $100,000 | 32 Jack Wards Road |
30-06-2017 | $97,500 | 101 Lone Pine Road |
07-10-2016 | $53,000 | 420 Coralville Road |
25-08-2016 | $335,000 | 211 Bakers Road |
29-04-2015 | $405,000 | 76 Coral Lane |
29-08-2014 | $356,000 | 90 Coral Lane |
21-12-2012 | $230,000 | 211 Bakers Road |
21-07-2011 | $255,000 | 3 Armstrongs Lane |
12-05-2010 | $595,000 | 584 Coralville Road |
14-04-2009 | $223,000 | 420 Coralville Road |
23-03-2007 | $165,000 | 3 Armstrongs Lane |
03-03-2006 | $385,000 | 36 Crowdy Bay Road |
17-02-2006 | $345,000 | 440 Coralville Road |
14-10-2005 | $100,000 | 159 Lone Pine Road |
26-08-2005 | $142,000 | 270 Bakers Road |
31-03-2005 | $745,000 | 519 Coralville Road |
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