Thinking about buying in Cedar Pocket? Now could not be a better time, with just 196 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $729,000 with prices in this suburb ranging from $244,000 to $1,643,000. The aproximate distance to the coast is 24 Km.
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Cedar Pocket 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 Cedar Pocket 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. High density population in Cedar Pocket 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. Lower than average industry presence in Cedar Pocket 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 Cedar Pocket a better buying opportunity than it may have been in the past.
UNIT 1, 515 CEDAR POCKET RD, CEDAR POCKET, QLD, 4570 | 3 | 1 | 9 | $1,990,000 | |
690 SHADBOLT RD, CEDAR POCKET, QLD, 4570 | 4 | 2 | 4 | OFFERS BEING CONSIDERED |
Gympie East State School
(While the above schools are located with the suburb of Cedar Pocket 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 | 6.5 | 19.8 | 31.2 | 47.2 | 92.1 | 2.0 | 23.5 |
Feb | 5.7 | 20.0 | 30.5 | 52.1 | 93.4 | 2 | 21.2 |
Mar | 5.9 | 18.7 | 29.2 | 53.6 | 95.2 | 1.8 | 18.8 |
Apr | 2.8 | 15.3 | 26.9 | 51.6 | 95.7 | 1.4 | 17.1 |
May | 2.6 | 11.1 | 23.9 | 51.7 | 97.3 | 1.1 | 14.5 |
Jun | 1.0 | 8.4 | 22.3 | 50.3 | 96.7 | 1.1 | 13.2 |
Jul | 1 | 7.3 | 22.1 | 45.2 | 96.9 | 1.0 | 13.7 |
Aug | 0.9 | 7.7 | 24.4 | 37.2 | 96.8 | 1.3 | 16.5 |
Sept | 0.8 | 10.6 | 26.8 | 34.5 | 95.8 | 1.6 | 20.5 |
Oct | 3.1 | 14.1 | 27.8 | 41.7 | 95.3 | 1.7 | 22.7 |
Nov | 1.8 | 16.4 | 30.2 | 41.0 | 95.7 | 1.8 | 24.9 |
Dec | 5.3 | 19.1 | 31.6 | 44.5 | 93.6 | 1.9 | 25.7 |
source: Australian Government Bureau of Meteorology
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