Thinking about buying in Koorainghat? Now could not be a better time, with just 100 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $726,000 with prices in this suburb ranging from $250,000 to $1,606,000. Koorainghat is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $250.00 |
| Median Monthly Mortgage | $1767.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 54.00 |
| Average Income | $654.00 |
| Average Cars Per Dwelling | 2.14 |
| Average Properties Within 50M | 1 |
Housing Stock
Average Property Prices
| 1 Bed $481,000 |
| 2 Bed $435,000 |
| 3 Bed $1,276,000 |
| 4 Bed $767,000 |
| 5 Bed $1,158,000 |
Koorainghat Real Estate Market Outlook
In Koorainghat 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 Koorainghat 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 Koorainghat 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. 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. Lower than average industry presence in Koorainghat 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 Koorainghat a better buying opportunity than it may have been in the past.
Houses for sale Koorainghat
|
76 bayel dr, koorainghat, nsw, 2430 |  3 |
 1 |
 5 |
$992,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Koorainghat there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Koorainghat weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.0 | 18.9 | 30.1 | 48.1 | 93.6 | 4.6 | 24.5 |
| Feb | 3.3 | 18.6 | 28.3 | 52.7 | 94.5 | 4.2 | 20.7 |
| Mar | 5.1 | 17.4 | 26.8 | 54.2 | 95 | 4.1 | 16.6 |
| Apr | 4.4 | 13.7 | 24.5 | 51.6 | 95.8 | 3.6 | 14.4 |
| May | 2.6 | 10.0 | 21.0 | 49.3 | 93.8 | 4.0 | 11.3 |
| Jun | 4.8 | 8.7 | 18.2 | 54.4 | 94.2 | 4.3 | 9.5 |
| Jul | 2.3 | 6.8 | 18.3 | 46.1 | 91.9 | 4.5 | 10.8 |
| Aug | 1.8 | 6.8 | 19.8 | 38.5 | 91.6 | 4.5 | 13.7 |
| Sept | 2.0 | 9.4 | 23.0 | 37.0 | 92.5 | 4.3 | 18.2 |
| Oct | 2.4 | 12.2 | 24.8 | 41.5 | 93.0 | 4.4 | 21.3 |
| Nov | 2.5 | 15.5 | 26.9 | 46.8 | 93.7 | 4.4 | 24 |
| Dec | 2.5 | 17.3 | 28.2 | 47.8 | 93.3 | 4.6 | 24.8 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 15-10-2024 | $1,200,000 | 109 FORDS RD |
| 31-07-2024 | $1,255,000 | 168 METZ RD |
| 05-03-2024 | $1,660,000 | 240 METZ RD |
| 13-02-2024 | $975,000 | 2 GODFREY HILL RD |
| 12-10-2023 | $870,000 | 138 FORDS RD |
| 01-12-2022 | $1,550,000 | 118 GODFREY HILL RD |
| 30-11-2022 | $1,272,000 | 92 IRWINS RD |
| 31-10-2022 | $1,400,000 | 115 GODFREY HILL RD |
| 11-08-2022 | $1,300,000 | 57 BAYEL DR |
| 08-07-2022 | $695,000 | 21 BAYEL DR |
| 23-06-2022 | $560,000 | 47 BAYEL DR |
| 14-03-2022 | $374,000 | 174 FORDS RD |
| 08-11-2021 | $1,025,000 | 22 BAYEL DR |
| 22-10-2021 | $1,170,000 | 85 GODFREY HILL RD |
| 03-02-2021 | $505,000 | 21 BAYEL DR |
| 22-01-2021 | $770,000 | 55 HAROLD LANE |
| 13-01-2021 | $315,000 | 236 FORDS RD |
| 09-12-2020 | $1,150,000 | 316 METZ RD |
| 07-12-2020 | $300,000 | 236 FORDS RD |
| 23-09-2020 | $500,000 | 384 HALF CHAIN RD |
| 07-08-2020 | $420,000 | 240 METZ RD |
| 16-07-2020 | $500,000 | 318 METZ RD |
| 26-06-2020 | $503,000 | 109 FORDS RD |
| 05-09-2019 | $280,000 | 88 IRWINS RD |
| 12-07-2019 | $380,000 | 35 FORDS RD |
| 07-12-2018 | $360,000 | 19 BRIGADOON LANE |
| 29-06-2018 | $510,000 | 351 HALF CHAIN RD |
| 27-03-2018 | $300,000 | 57 BAYEL DR |
| 15-11-2017 | $510,000 | 16135 PACIFIC HWY |
| 25-08-2017 | $385,000 | 76 BAYEL DR |
| 13-12-2016 | $250,000 | 47 BAYEL DR |
| 26-10-2016 | $570,000 | 57 BAYEL DR |
| 23-09-2016 | $435,000 | 682 HALF CHAIN RD |
| 15-04-2016 | $380,000 | 29 FORDS RD |
| 22-12-2015 | $436,000 | 118 GODFREY HILL RD |
| 05-06-2015 | $390,000 | 210 FORDS RD |
| 21-05-2015 | $980,000 | 618 HALF CHAIN RD |
| 19-05-2015 | $563,000 | 57 BAYEL DR |
| 15-01-2015 | $450,000 | 22 BAYEL DR |
| 19-09-2014 | $450,000 | 85 GODFREY HILL RD |
| 18-08-2014 | $345,000 | 187 FORDS RD |
| 12-02-2014 | $100,000 | 115 GODFREY HILL RD |
| 17-01-2014 | $388,000 | 118 GODFREY HILL RD |
| 10-01-2014 | $400,000 | 236 FORDS RD |
| 06-12-2013 | $455,000 | 506 HALF CHAIN RD |
| 05-12-2012 | $155,000 | 47 BAYEL DR |
| 14-05-2012 | $375,000 | 186 METZ RD |
| 09-12-2011 | $705,000 | 239 HALF CHAIN RD |
| 31-08-2011 | $700,000 | 316 METZ RD |
| 17-12-2010 | $455,000 | 64 BAYEL DR |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Taree Plaza - Less than 10 KM
Manning Aquatic Leisure Centre - Less than 10 KM
Taree Motorcycle Club - Less than 5 KM
Manning River Rowing Club - Less than 10 KM
Manning Mall - Less than 10 KM
Manning Mall - Less than 10 KM
Old Bar Pool - Less than 10 KM
Taree War Memorial Clock - Less than 10 KM
The Big Buzz Fun Park - Less than 10 KM
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