Koolkhan, located in the picturesque Clarence Valley of New South Wales, is known for its tranquil rural charm and its proximity to natural attractions. The housing market in Koolkhan is reflective of its serene environment, offering a mix of quaint country homes and larger properties with expansive land. The area has seen a steady interest from buyers looking for a more relaxed lifestyle away from the hustle and bustle of larger cities. While property prices in Koolkhan are generally more affordable than in urban centers, they have seen some appreciation due to increasing demand driven by people seeking the tranquility and community spirit that Koolkhan offers. This trend is part of a broader pattern of people moving to regional areas for better work-life balance, amplified by the growing acceptance of remote work.
Living in Koolkhan offers residents a chance to enjoy a slower pace of life, surrounded by the natural beauty of the Clarence Valley. The community is tight-knit, with many families and individuals engaging in local activities and events that highlight the area's agricultural roots and natural landscape. Recreational opportunities are abundant, with easy access to the Clarence River for fishing, boating, and picnic spots, as well as nearby national parks that offer hiking and wildlife watching. The town's close proximity to Grafton ensures that residents are not too far from essential services, shopping, and educational facilities. With its blend of rural charm and convenient amenities, Koolkhan is an appealing choice for those yearning for a peaceful lifestyle amidst nature.
Median Weekly Rent | $380.00 |
Median Monthly Mortgage | $1625.00 |
Median Persons Per bed houseroom | 0.70 |
Average Household Size | 3.00 |
Average Age | 43.00 |
Average Income | $833.00 |
Average Cars Per Dwelling | 1.82 |
Average Properties Within 50M | 6 |
Typical 2 bed house | $750,000 |
Typical 3 bed house | $552,000 |
Typical 4 bed house | $701,000 |
Typical 5 bed house | $964,000 |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Koolkhan? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $535,000 with prices in this suburb ranging from $488,000 to $965,000. The aproximate distance to the coast is 36 Km.
In Koolkhan 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 Koolkhan 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 Koolkhan 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. Lower than average population density constrains growth in Koolkhan to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Koolkhan 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 Koolkhan a better buying opportunity than it may have been in the past.
Instant Property Valuation13 Koolkhan Drive, Koolkhan, NSW, 2460 | 4 | 2 | 2 | $720,000 - $750,000 |
None within suburb boundary
(While the above schools are located with the suburb of Koolkhan 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 | 4.2 | 19.8 | 30.6 | 51.0 | 92.6 | 2.7 | 24.1 |
Feb | 5.7 | 19.8 | 30.5 | 51.9 | 93.3 | 2.8 | 20.8 |
Mar | 3.9 | 18.6 | 28.6 | 55.3 | 94 | 2.6 | 17 |
Apr | 1.9 | 15.3 | 26.1 | 52.5 | 95.7 | 2.6 | 15.1 |
May | 2.2 | 11.2 | 22.7 | 51.7 | 93 | 2.4 | 12.7 |
Jun | 3.0 | 9.2 | 20.8 | 52.1 | 93.3 | 2.6 | 10.9 |
Jul | 0.7 | 7.6 | 20.9 | 44.9 | 91.6 | 2.5 | 12.4 |
Aug | 1.1 | 8.0 | 23.1 | 34.6 | 89.6 | 2.7 | 15.5 |
Sept | 1.0 | 11.1 | 25.1 | 38.3 | 91.3 | 2.7 | 19.2 |
Oct | 3.1 | 14.2 | 26.7 | 44.0 | 91.2 | 2.8 | 21.6 |
Nov | 1.7 | 16.8 | 29.6 | 43.8 | 91.4 | 2.8 | 24.2 |
Dec | 5.3 | 18.7 | 30.7 | 48.2 | 94.8 | 2.8 | 24.8 |
source: Australian Government Bureau of Meteorology
28-11-2023 | $610,000 | 135 Red Lane |
31-03-2023 | $2,100,000 | 1251 Summerland Way |
27-10-2022 | $700,000 | 1269 Summerland Way |
31-07-2020 | $725,000 | 28 Mill Road |
17-07-2018 | $650,000 | 1251 Summerland Way |
05-11-2015 | $315,000 | 79 Red Lane |
26-06-2015 | $320,000 | 1269 Summerland Way |
01-11-2013 | $330,000 | 28 Mill Road |
29-10-2009 | $159,000 | 1152 Summerland Way |
04-02-2009 | $352,000 | 79 Red Lane |
30-07-2008 | $320,000 | 1269 Summerland Way |
26-05-2008 | $575,000 | 14 Tee Jay Terrace |
28-09-2007 | $400,000 | 20 Boneyard Lane |
29-12-2006 | $160,000 | 79 Red Lane |
21-11-2005 | $45,000 | 28 Mill Road |
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!