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All About Comet, Central Highlands (Qld), QLD, 4702

Comet, a small rural town in the Central Highlands of Queensland, has a housing market characterized by its affordability and tranquility. The town’s property market features a range of options from modest family homes to larger properties with expansive land, catering to those seeking a quieter lifestyle away from bustling city centers. The cost of housing in Comet is generally more affordable compared to larger regional towns and cities, making it an attractive option for first-time buyers or those looking to invest in property with lower financial outlay. With a steady demand from both locals and newcomers, the market remains relatively stable, though it's important for potential buyers to act quickly due to limited inventory.

Living in Comet offers a peaceful, community-oriented lifestyle amidst the natural beauty of the Central Highlands. Residents enjoy a close-knit community with a strong sense of camaraderie, where neighbors know each other by name and communal events are a staple of social life. The surrounding natural landscape provides ample opportunities for outdoor activities like hiking, fishing, and exploring nearby national parks. While the town itself may offer limited amenities, larger centers such as Emerald are just a short drive away, providing access to shopping, healthcare, and educational facilities. For those seeking a laid-back lifestyle with the benefits of rural living, Comet strikes a balance between simplicity and connectivity.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per bed houseroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

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Comet Real Estate Market Outlook

Thinking about buying in Comet? Now could not be a better time, with just 357 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $300,000 with prices in this suburb ranging from $80,000 to $427,000. The aproximate distance to the coast is 162 Km.

In Comet 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. 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 Comet due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Comet 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 Comet necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Comet 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.

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Local Schools

Comet State School

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

Local Crime Rate

Incidents Trend State Average

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Comet 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
Jan3.922.234.835.085.24.524.5
Feb3.021.834.734.985.14.323.4
Mar2.821.033.038.785.94.120.5
Apr0.317.030.333.984.13.618.6
May0.312.926.633.781.13.715.5
Jun110.724.038.082.23.813.9
Jul1.010.224.435.484.63.715.4
Aug0.710.226.524.377.73.718.3
Sept0.613.429.625.181.64.121.6
Oct3.117.93231.587.34.523.7
Nov0.819.23523.982.34.427.1
Dec2.921.234.730.584.34.525.4

source: Australian Government Bureau of Meteorology



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