All About Coolup, Murray, WA, 6214

Coolup, located within the picturesque Shire of Murray in Western Australia, offers a serene and rural lifestyle that appeals to those seeking tranquility away from the bustling city life. The housing market in this quaint locale is characterized by spacious properties, often featuring large blocks of land, which offer residents ample space for outdoor activities, gardening, or even small-scale farming. With its semi-rural setting, Coolup provides an affordable opportunity for homebuyers looking to embrace a laid-back lifestyle without sacrificing the conveniences of nearby urban centers. The market here is relatively stable, with properties tending to attract buyers who prioritize space and a quieter way of life over the fast-paced atmosphere of larger cities.

Living in Coolup means enjoying a strong sense of community and a connection to nature. The town's proximity to the Murray River and Peel Inlet allows for a variety of outdoor activities such as fishing, boating, and hiking, which are popular amongst locals. Residents value the close-knit community spirit, where neighbors often know each other by name, fostering a supportive and friendly environment. With essential amenities and services located just a short drive away in nearby towns like Pinjarra and Mandurah, Coolup manages to maintain its rural charm while ensuring residents have access to necessary conveniences. Overall, Coolup presents an ideal living scenario for those who wish to escape the urban hustle and appreciate the calm and simplicity of country living.

Coolup Real Estate Market Outlook

Thinking about buying in Coolup? Now could not be a better time, with just 309 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $800,000 with prices in this suburb ranging from $279,000 to $2,549,000. Coolup is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Coolup are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Coolup 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. Medium density in Coolup necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

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