All About Coolongolook, Mid-Coast, NSW, 2423

Coolongolook, a charming village located in the Mid-Coast region of New South Wales, offers a unique blend of rural tranquility and accessibility. The housing market in Coolongolook is characterized by its affordability compared to urban centers, making it an attractive option for families and individuals seeking a peaceful lifestyle away from the hustle and bustle. The village offers a range of properties, from cozy homes nestled in lush greenery to expansive plots that offer opportunities for agricultural pursuits. With the area's increasing popularity, there is a slowly growing interest from buyers looking for investment opportunities or a serene place to retire.

Living in Coolongolook provides residents with a chance to enjoy a close-knit community atmosphere, surrounded by picturesque landscapes. The village boasts a relaxed pace of life, with plenty of outdoor activities to engage in, including fishing, hiking, and exploring the nearby Wallingat National Park. The warmth and hospitality of the local community make it easy for newcomers to feel at home and integrate into village life. Despite its rural setting, Coolongolook is conveniently located along the Pacific Highway, providing easy access to larger towns and cities for work, shopping, and entertainment. Overall, Coolongolook offers an idyllic lifestyle for those seeking a balance between serene country living and modern conveniences.

Coolongolook Real Estate Market Outlook

Thinking about buying in Coolongolook? Now could not be a better time, with just 389 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $747,000 with prices in this suburb ranging from $38,000 to $3,881,000. The aproximate distance to the coast is 10 Km.

In Coolongolook 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 Coolongolook 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 Coolongolook 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 Coolongolook 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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