The Coral Sea area in the Whitsunday region of Queensland is renowned for its stunning natural beauty and desirable lifestyle, which is well-reflected in its housing market. In recent years, the market has shown steady growth, driven by both local demand and an influx of interest from interstate buyers looking for a sea change. Properties range from luxurious waterfront homes with breathtaking views of the Great Barrier Reef to more modest, yet charming, inland residences. The market can be competitive, but it also offers diverse opportunities for both buyers and investors seeking to capitalize on the region's appeal. With an emphasis on sustainability and preserving the natural environment, many new developments incorporate eco-friendly designs and materials, making them attractive options for environmentally conscious buyers.
Living in the Coral Sea area of the Whitsundays promises a relaxed and picturesque lifestyle, where residents can enjoy an abundance of outdoor activities and natural attractions. The region boasts a warm, tropical climate with plenty of sunshine year-round, making it an ideal place for water sports, hiking, and exploring the nearby islands. Local communities are friendly and tight-knit, often centered around leisurely pastimes, markets, and cultural events. The area's amenities include reputable schools, healthcare facilities, and a selection of restaurants and shops that cater to both everyday needs and more gourmet tastes. For those who value a balance between tranquility and accessibility, living in the Coral Sea area offers an unparalleled blend of coastal charm and modern conveniences.
Median Weekly Rent | $292.73 |
Median Monthly Mortgage | $1511.03 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.34 |
Average Age | 50.53 |
Average Income | $696.05 |
Average Cars Per Dwelling | 1.90 |
Average Properties Within 50M | 68 |
Housing Stock
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Thinking about buying in Coral Sea? Now could not be a better time, with just 290 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $488,000 with prices in this suburb ranging from $279,000 to $748,000. Coral Sea is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Coral Sea 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 Coral Sea 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 Coral Sea 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 Coral Sea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Coral Sea 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 Coral Sea a better buying opportunity than it may have been in the past.
Instant Property ValuationBurnett Heads State School
Moore Park State School
St Francis Catholic Primary School
Elliott Heads State School
Tannum Sands State School
(While the above schools are located with the suburb of Coral Sea 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 | 9.6 | 22.8 | 31.7 | 57.1 | 93.5 | 4.0 | 22.6 |
Feb | 7.4 | 23.0 | 31.8 | 58.3 | 93.9 | 3.7 | 22.7 |
Mar | 5.9 | 22.1 | 30.5 | 61 | 94.8 | 4.0 | 20.1 |
Apr | 4.4 | 19.8 | 29.0 | 58.4 | 93.6 | 3.8 | 18.7 |
May | 2.0 | 16.3 | 26.2 | 57.7 | 95.7 | 3.9 | 16.1 |
Jun | 1.4 | 13.7 | 25.3 | 53.6 | 95.7 | 3.5 | 14.6 |
Jul | 0.8 | 12 | 25.2 | 49.5 | 96.3 | 3.4 | 16.5 |
Aug | 1 | 11.5 | 26.6 | 44 | 94.8 | 3.2 | 18.7 |
Sept | 0.4 | 13.7 | 28.9 | 40.3 | 95.7 | 3.4 | 22.6 |
Oct | 1.2 | 17.3 | 30.4 | 43.4 | 93.6 | 3.9 | 24.2 |
Nov | 4.5 | 19.6 | 31.7 | 47 | 92.5 | 3.8 | 25.2 |
Dec | 4.9 | 21.1 | 32.8 | 46.6 | 93.1 | 3.9 | 27.7 |
source: Australian Government Bureau of Meteorology
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