Thinking about buying in Coolac? Now could not be a better time, with just 214 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,147,000 with prices in this suburb ranging from $75,000 to $6,031,000. The aproximate distance to the coast is 188 Km.
Median Weekly Rent | $190.60 |
Median Monthly Mortgage | $1311.20 |
Median Persons Per Bedroom | 0.72 |
Average Household Size | 2.80 |
Average Age | 43.20 |
Average Income | $841.80 |
Average Cars Per Dwelling | 2.36 |
Average Properties Within 50M | 4 |
3 Bed  $1,137,000 |
4 Bed  $1,137,000 |
6 Bed+$1,137,000 |
In Coolac 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 Coolac 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 Coolac 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Coolac 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.
None within suburb boundary
(While the above schools are located with the suburb of Coolac 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 | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
17-07-2023 | $370,123 | 252 SANDY FALLS RD |
05-01-2023 | $160,000 | 312 SANDY FALLS RD |
09-12-2022 | $430,000 | 46 SCHOOL RD |
07-06-2022 | $580,000 | 477 COOLAC RD |
04-05-2022 | $4,000,000 | 477 ILLAWONG RD |
04-04-2022 | $450,000 | 479 COOLAC RD |
03-08-2021 | $260,000 | 117 COOLAC RD |
12-04-2021 | $280,000 | 252 SANDY FALLS RD |
11-01-2021 | $430,000 | 273 COOLAC RD |
01-10-2020 | $275,000 | 17 SCHOOL RD |
19-06-2020 | $120,000 | 254 SANDY FALLS RD |
19-09-2019 | $76,000 | 477 COOLAC RD |
01-02-2019 | $700,000 | 389 ILLAWONG RD |
18-12-2018 | $3,800,000 | 23 MINGAY RD |
15-06-2018 | $217,000 | 171 COONEYS CREEK RD |
26-04-2018 | $12,500 | 369 SANDY FALLS RD |
08-09-2016 | $340,000 | 479 COOLAC RD |
12-04-2016 | $80,000 | 6 SCHOOL RD |
30-03-2016 | $2,457,234 | 420 COOLAC RD |
22-01-2016 | $370,000 | 33 MUTTAMA RD |
22-01-2016 | $580,000 | 171 COONEYS CREEK RD |
30-06-2015 | $1,800,000 | 7440 HUME HWY |
24-12-2014 | $1,831,821 | 669 COGGANS RD |
05-09-2014 | $2,639,160 | 495 MINGAY RD |
15-05-2012 | $470,000 | 3 COONEYS CREEK RD |
07-05-2012 | $25,000 | 369 SANDY FALLS RD |
28-01-2011 | $310,000 | 33 MUTTAMA RD |
29-10-2008 | $75,000 | 369 SANDY FALLS RD |
22-08-2008 | $756,000 | 8276 HUME HWY |
21-06-2007 | $75,000 | 203 GOBARRALONG RD |
05-12-2006 | $350,000 | 360 SANDY FALLS RD |
15-12-2004 | $86,000 | 10 MOUNT ST |
11-05-2004 | $9,000 | 93 HOARES LANE |
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