Coles Bay, located in the picturesque region of Glamorgan-Spring Bay, Tasmania, is renowned for its stunning natural landscapes and growing appeal as a serene residential area. The housing market in Coles Bay reflects its status as both a peaceful retreat and a desirable location for lifestyle change. Over recent years, the demand for property in this area has steadily increased, driven by its proximity to world-famous attractions like Freycinet National Park and Wineglass Bay. The available properties range from charming coastal cottages to modern homes, catering to both retirees seeking tranquility and families looking for a community-oriented environment. Price trends in Coles Bay have shown a gradual rise, with prospective buyers advised to act swiftly due to the limited inventory and growing interest.
Living in Coles Bay offers residents an unparalleled lifestyle characterized by breathtaking scenery and a tight-knit community atmosphere. The area is especially popular with nature enthusiasts, given its abundance of outdoor activities such as hiking, kayaking, and wildlife observation. The community prioritizes sustainability and conservation, creating an eco-friendly living space that enhances its natural beauty. Despite its somewhat remote location, Coles Bay provides essential amenities, including local shops, dining options, and access to larger service centers within a reasonable drive. The pace of life here is relaxed, with locals enjoying the peace and quiet of a small town while being part of an area that attracts tourists for its natural allure. Whether seeking a holiday home or permanent residence, Coles Bay offers a unique mix of tranquility, natural beauty, and community spirit.
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Thinking about buying in Coles Bay? Now could not be a better time, with 1017 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $486,000 with prices in this suburb ranging from $16,000 to $2,376,000. Coles Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Coles Bay 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 Coles Bay 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 Coles Bay 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. Medium density in Coles Bay 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 Coles Bay 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 Coles Bay a better buying opportunity than it may have been in the past.
Instant Property Valuation961 Coles Bay Road, Coles Bay, TAS, 7215 | 3 | 2 | 12 | $1,800,000 | |
117 Swanwick Drive, Coles Bay, TAS, 7215 | 4 | 2 | 9 | $950,000 | |
2 Sweet Pea Ct, Coles Bay, TAS, 7215 | 3 | 2 | 4 | $740,000 | |
1 Patsy Ct, Coles Bay, TAS, 7215 | 3 | 2 | 5 | Offers Over $750,000 | |
1588 Coles Bay Road, Coles Bay, TAS, 7215 | 3 | 2 | 7 | $1,080,000 | |
5 Sweet Pea Ct, Coles Bay, TAS, 7215 | $230,000 + | ||||
2002 Coles Bay Road, Coles Bay, TAS, 7215 | 3 | 2 | 5 | $879,000 | |
195 Hazards View Drive, Coles Bay, TAS, 7215 | 3 | 1 | 2 | $649,000 | |
119 Swanwick Drive, Coles Bay, TAS, 7215 | 4 | 2 | 1 | Offers Over $900,000 |
None within suburb boundary
(While the above schools are located with the suburb of Coles Bay 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 | |
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Jan | 2.1 | 13.3 | 23.8 | 47.4 | 89.6 | 4.1 | 23.0 |
Feb | 2.1 | 13.0 | 22.9 | 51.5 | 90.7 | 3.8 | 18.3 |
Mar | 1.9 | 12.7 | 21.8 | 52.7 | 93.4 | 3.5 | 13.2 |
Apr | 1.4 | 10.0 | 19.2 | 51.5 | 89.4 | 3.3 | 9.9 |
May | 1.9 | 8.0 | 16.2 | 54.9 | 87.9 | 3.4 | 6.8 |
Jun | 2.5 | 6.3 | 14.2 | 60.2 | 90.0 | 3.2 | 5.5 |
Jul | 1.1 | 5.7 | 14.0 | 55.9 | 88.4 | 3.4 | 6.6 |
Aug | 1.5 | 5.5 | 14.4 | 52.8 | 90.0 | 3.6 | 9.0 |
Sept | 1.3 | 7.3 | 17.1 | 46.0 | 86.7 | 3.8 | 13.3 |
Oct | 1.2 | 8.7 | 19.2 | 44.8 | 88.3 | 3.8 | 18.4 |
Nov | 5.7 | 10.3 | 19.1 | 54.1 | 91.7 | 4.2 | 18.3 |
Dec | 2.5 | 11.8 | 22 | 48.0 | 88.8 | 4.1 | 25.1 |
source: Australian Government Bureau of Meteorology
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