All About Coorumba, Cassowary Coast, QLD, 4860

Cooroomba, located within the Cassowary Coast Region in Queensland, offers a unique and appealing housing market that attracts a variety of residents. This quaint locale is perfect for those seeking a serene and picturesque environment, as it is nestled amidst lush rainforests and close to the beautiful Queensland coastline. The housing market in Cooroomba is known for its affordability compared to major city centers, offering value for money in terms of property size and location. From charming traditional homes to modern residences, the diversity in housing options caters to both families and retirees looking for a peaceful lifestyle. The real estate market here tends to be steady, highlighting a stable investment for both homeowners and investors alike.

Life in Cooroomba provides residents with a harmonious blend of nature and community. With its laid-back lifestyle, the area is ideal for those who cherish outdoor activities like hiking, fishing, and exploring the nearby national parks. The sense of community is strong in Cooroomba, with friendly neighbors and local events fostering a welcoming atmosphere. Moreover, its proximity to essential amenities such as schools, healthcare facilities, and shopping centers ensures a comfortable and convenient living experience without the hustle and bustle of larger metropolitan areas. Overall, living in Cooroomba offers the best of both worlds: a tranquil setting with access to natural beauty and modern conveniences.

Coorumba Real Estate Market Outlook

Thinking about buying in Coorumba? Now could not be a better time, with just 117 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $560,000 with prices in this suburb ranging from $167,000 to $691,000. The aproximate distance to the coast is 14 Km.

In Coorumba 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 Coorumba 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 Coorumba 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. High density population in Coorumba requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Coorumba 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 Coorumba a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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