Thinking about buying in Cobaki Lakes? Now could not be a better time, with just 32 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,368,000 with prices in this suburb ranging from $947,000 to $1,828,000. Cobaki Lakes 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.
Household Makeup
| Median Weekly Rent | $402.00 |
| Median Monthly Mortgage | $1696.50 |
| Median Persons Per Bedroom | 0.75 |
| Average Household Size | 2.75 |
| Average Age | 48.25 |
| Average Income | $683.25 |
| Average Cars Per Dwelling | 1.72 |
| Average Properties Within 50M | 2 |
Housing Stock
Average Property Prices
| 2 Bed $956,000 |
| 4 Bed $1,162,000 |
| 5 Bed $1,340,000 |
| 6 Bed+$1,380,000 |
Cobaki Lakes Real Estate Market Outlook
In Cobaki Lakes 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 Cobaki Lakes 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 Cobaki Lakes 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. Lower than average population density constrains growth in Cobaki Lakes to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Cobaki Lakes 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 Cobaki Lakes a better buying opportunity than it may have been in the past.
Houses for sale Cobaki Lakes
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399 PIGGABEEN RD, COBAKI LAKES, NSW, 2486 |  0 |
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EOI Closing 12 July 2023 4pm |
Local Schools
Currumbin Community Special School
St Augustine's Parish Primary School
(While the above schools are located with the suburb of Cobaki Lakes there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cobaki Lakes 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 | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 13-08-2024 | $3,500,000 | 399 PIGGABEEN RD |
| 20-01-2023 | $1,160,000 | 377 PIGGABEEN RD |
| 14-09-2022 | $960,000 | 53 JABIRU DR |
| 22-04-2022 | $2,350,000 | 357 PIGGABEEN RD |
| 19-04-2022 | $2,020,000 | 50 JABIRU DR |
| 15-07-2021 | $780,000 | 323 PIGGABEEN RD |
| 27-09-2019 | $205,000 | 2 PIGGABEEN RD |
| 06-04-2017 | $1,230,000 | 425 PIGGABEEN RD |
| 14-07-2014 | $460,000 | 500 PIGGABEEN RD |
| 15-04-2013 | $595,000 | 51 JABIRU DR |
| 22-08-2012 | $760,000 | 39 JABIRU DR |
| 25-05-2012 | $520,000 | 456 PIGGABEEN RD |
| 04-02-2011 | $610,000 | 55 JABIRU DR |
| 19-08-2010 | $1,900,000 | 399 PIGGABEEN RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadbeach North - Greater then 10KM
Broadbeach South - Greater then 10KM
Cavill Avenue - Greater then 10KM
Cypress Avenue - Greater then 10KM
Florida Gardens - Greater then 10KM
Northcliffe - Greater then 10KM
Surfers Paradise North - Greater then 10KM
Surfers Paradise - Greater then 10KM
HOTA, Home of the Arts - Greater then 10KM
Surfers Paradise Ferry Terminal - Greater then 10KM
General Points of Interest
South Tweed Indoor Swimming Complex - Less than 10 KM
Piggabeen Sports Complex - Less than 5 KM
Walk of Remembrance - Less than 10 KM
Piggabeen Sports Complex - Less than 5 KM
Meadow Park Golf Course - Less than 10 KM
Mallawa Drive Sporting Complex - Less than 10 KM
The Pines Shopping Centre - Less than 5 KM
Neptune RLSC - Less than 10 KM
Tweed City Shopping Centre - Less than 10 KM
Honeyworld - Less than 5 KM
Recreation Centre - Less than 10 KM
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