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Coleraine
VIC, 3315 - Southern Grampians

Thinking about buying in Coleraine? Now could not be a better time, with 1121 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $284,000 with prices in this suburb ranging from $41,000 to $658,000. The aproximate distance to the coast is 65 Km.

Household Makeup

Median Weekly Rent $149.33
Median Monthly Mortgage $637.00
Median Persons Per Bedroom 0.63
Average Household Size 2.00
Average Age 58.33
Average Income $518.00
Average Cars Per Dwelling 1.73
Average Properties Within 50M 7

Housing Stock

Average Property Prices

1 Bed  $169,000
2 Bed  $251,000
3 Bed  $291,000
4 Bed  $357,000

Coleraine Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Coleraine driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Coleraine due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Coleraine provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Coleraine to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Coleraine 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.

Houses for sale Coleraine

Elders 105 MCLEOD ST, COLERAINE, VIC, 3315 Beds Bathrooms $65,000
Elders 5 READ ST, COLERAINE, VIC, 3315 Beds3 Bathrooms1 Parking 4 $199,000
Elders 77 MCCONOCHIE ST, COLERAINE, VIC, 3315 Beds3 Bathrooms1 Parking 4 $295,000
Elders 75 MCLEOD ST, COLERAINE, VIC, 3315 Beds3 Bathrooms1 Parking 2 $245,000
Elders 28 MCLEOD ST, COLERAINE, VIC, 3315 Beds3 Bathrooms1 $278,000
Elders 64 WHYTE ST, COLERAINE, VIC, 3315 Beds3 Bathrooms2 Parking 2 $285,000
Elders 49-53 CHURCH ST, COLERAINE, VIC, 3315 Beds Bathrooms $90,000
Professionals 66 READ ST, COLERAINE, VIC, 3315 Beds2 Bathrooms1 Parking 1 $255,000
Professionals 32 CASTERTON RD, COLERAINE, VIC, 3315 Beds4 Bathrooms1 Parking 4 $265,000

Local Schools

St Joseph's School

Coleraine Primary School

(While the above schools are located with the suburb of Coleraine there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Coleraine 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
Jan0.612.128.130.986.84.324.5
Feb1.312.627.037.792.64.220.9
Mar1.211.124.242.493.83.916.2
Apr1.58.820.350.695.63.411.7
May2.47.216.164.696.63.58.5
Jun2.45.013.673.597.53.37.4
Jul3.15.213.075.898.04.17.5
Aug2.55.214.066.497.24.210.2
Sept2.26.216.359.597.34.314.3
Oct1.77.419.254.196.14.319.1
Nov1.28.621.945.193.24.222.3
Dec1.210.225.338.490.64.225.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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