Thinking about buying in Coconuts? Now could not be a better time, with just 181 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $699,000 with prices in this suburb ranging from $214,000 to $1,373,000. Coconuts is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Coconuts 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 Coconuts 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 Coconuts 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. Medium density in Coconuts 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 Coconuts 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 Coconuts a better buying opportunity than it may have been in the past.
24 THE ESPLANADE, COCONUTS, QLD, 4860 | 4 | 2 | 3 | 921 SQM BEACHFRONT- 4 BRM,VIEWS-$930,000 |
Flying Fish Point State School
(While the above schools are located with the suburb of Coconuts 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 | 23.9 | 23.0 | 31.9 | 64 | 98.2 | 3.1 | 21.6 |
Mar | 10.8 | 22.5 | 31.5 | 63.9 | 98.2 | 2.8 | 20.8 |
Apr | 4.7 | 19.9 | 28.8 | 62.3 | 96.5 | 3.6 | 16.8 |
May | 15.8 | 16.9 | 25.9 | 64.1 | 99.5 | 2.9 | 14.7 |
Jun | 3.4 | 14.8 | 24.4 | 64.9 | 98.6 | 3.1 | 13.9 |
Jul | 3.7 | 16.3 | 25.8 | 64.3 | 98.6 | 2.8 | 15.2 |
Aug | 2.0 | 14.4 | 26.5 | 55.2 | 98.7 | 2.5 | 17.8 |
Sept | 4.5 | 17.3 | 26.7 | 60.4 | 97.6 | 3.3 | 19 |
Oct | 5.2 | 18.6 | 30.1 | 57.2 | 98.7 | 2.7 | 23.2 |
Nov | 2.3 | 19.7 | 31 | 53.6 | 98.7 | 3.0 | 24.8 |
Dec | 4.4 | 21.6 | 32.7 | 55.4 | 99.2 | 2.9 | 25 |
source: Australian Government Bureau of Meteorology
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