Thinking about buying in Koraleigh? Now could not be a better time, with just 208 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $491,000 with prices in this suburb ranging from $45,000 to $3,670,000. The aproximate distance to the coast is 318 Km.
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In Koraleigh 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 Koraleigh 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 Koraleigh 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. 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. With very low industrial sector presence in Koraleigh 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.
5 CHEER ST, KORALEIGH, NSW, 2735 | 4 | 2 | $337,000 |
None within suburb boundary
(While the above schools are located with the suburb of Koraleigh 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 | |
---|---|---|---|---|---|---|---|
Aug | 0.7 | 3.9 | 16.6 | 42.2 | 92.6 | 4.4 | 12.3 |
Sept | 0.9 | 5.4 | 20.8 | 31.1 | 88.8 | 4.6 | 17.1 |
Oct | 0.9 | 8.5 | 25.0 | 25 | 83.8 | 4.5 | 21.7 |
Nov | 0.9 | 11.6 | 28.5 | 20.4 | 78.0 | 4.8 | 24.9 |
Dec | 0.8 | 14.6 | 31.8 | 16.2 | 69.4 | 4.9 | 28.6 |
Jan | 0.8 | 16.3 | 34.0 | 16.1 | 67.3 | 4.7 | 28.2 |
Feb | 0.6 | 16.0 | 32.3 | 21.6 | 71.5 | 4.5 | 24.2 |
Mar | 0.7 | 13.6 | 28.6 | 25.9 | 76.6 | 4.1 | 19.3 |
Apr | 0.9 | 9.7 | 24.0 | 31.7 | 82.5 | 3.7 | 14.7 |
May | 0.9 | 6.8 | 19 | 42.9 | 90.9 | 3.9 | 10.8 |
Jun | 0.8 | 4.2 | 15.2 | 54.6 | 95.0 | 3.6 | 9.0 |
Jul | 0.7 | 3.0 | 15.0 | 50.1 | 94.4 | 4.2 | 9.3 |
source: Australian Government Bureau of Meteorology
05-09-2024 | $15,000 | 15 MCKENZIE LANE |
19-08-2024 | $325,000 | 59 TOLL LANE |
28-06-2024 | $420,000 | 6 EAGLE LANE |
12-02-2024 | $380,000 | 86 LOUTTITS LANE PH BUNGUNYAH |
01-02-2024 | $330,000 | 224 KORALEIGH RD |
08-09-2023 | $345,000 | 7 MCKENZIE LANE |
30-06-2023 | $200,000 | 1 EAGLE LANE |
23-06-2023 | $484,320 | 767 KORALEIGH RD |
03-03-2023 | $390,000 | 11 MCKENZIE LANE |
17-02-2023 | $80,000 | 9 MCKENZIE LANE |
03-02-2023 | $225,000 | 35 TOLL LANE |
07-10-2022 | $299,000 | 222 EAGLE LANE PH BUNGUNYAH |
13-09-2022 | $346,500 | 113 TOLL LANE |
09-09-2022 | $335,000 | 94 EAGLE LANE |
18-05-2022 | $145,000 | 140 EAGLE LANE PH BUNGUNYAH |
15-03-2022 | $210,000 | 12 EAGLE LANE |
18-02-2022 | $300,000 | 127 LOUTTITS LANE |
29-10-2021 | $135,000 | 11 EAGLE LANE |
26-04-2021 | $230,000 | 94 EAGLE LANE |
26-02-2021 | $345,000 | 6 EAGLE LANE |
30-11-2020 | $85,000 | 7 EAGLE LANE |
16-10-2020 | $220,000 | 127 LOUTTITS LANE |
16-09-2020 | $5,000 | 13 BUNGUNYAH LANE |
28-08-2020 | $115,000 | 35 TOLL LANE |
03-07-2020 | $288,500 | 30 SPEEWA RD |
19-06-2020 | $255,000 | 150 LOUTTITS LANE PH BUNGUNYAH |
12-05-2020 | $170,000 | 9 CHEER ST |
28-11-2019 | $45,000 | 95 EAGLE LANE PH BUNGUNYAH |
07-11-2019 | $84,000 | 17 CHEER ST |
02-08-2019 | $270,000 | 59 COX RD |
08-03-2019 | $168,000 | 140 EAGLE LANE PH BUNGUNYAH |
07-03-2019 | $260,000 | 59 COX RD |
31-10-2018 | $535,000 | 43 KORALEIGH RD PH BUNGUNYAH |
28-09-2018 | $190,000 | 127 LOUTTITS LANE |
15-06-2018 | $235,000 | 1037 KORALEIGH RD |
02-05-2018 | $146,000 | 7 CHEER ST |
15-02-2018 | $550,000 | 1483 SPEEWA RD |
09-02-2017 | $155,000 | 9 CHEER ST |
30-11-2016 | $610,000 | 1483 SPEEWA RD |
17-11-2016 | $36,000 | 17 EAGLE LANE |
28-10-2016 | $83,000 | 1 EAGLE LANE |
10-10-2016 | $210,000 | 1522 SPEEWA RD |
16-09-2016 | $130,000 | 12 KORALEIGH RD |
18-05-2016 | $142,500 | 73 COX RD |
16-03-2016 | $215,000 | 174 EAGLE LANE |
22-01-2016 | $157,000 | 21 CHEER ST |
04-12-2015 | $175,500 | 50 COX RD |
28-07-2015 | $139,000 | 74 COX RD |
01-05-2015 | $150,000 | 30 SPEEWA RD |
30-03-2015 | $57,000 | 3 CHEER ST |
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