33 The Esplanade , Cooktown QLD 4895
This property is Off Market
- The Average property price in this area is $423,064, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 0.06 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Cape York
With an average age of 46, households expect an average monthly mortgage payment of $1,656 or a weekly rent payment of $355. The average family earns a weekly income of $1,792 with a typical household size of 2.6 and a 101.41% employment rate.
In Cooktown 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 Cooktown 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 Cooktown 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 Cooktown 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 Cooktown 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 Cooktown a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 20%)
Are people healthy?
A good place to invest in property?
Cape York a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
10 / 100
32 / 100
Industry
18 / 100
32 / 100
Population
40 / 100
40 / 100
House Prices
19 / 100
63 / 100
Jobs
25 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCooktown SS
Property Story
33 The Esplanade , Cooktown, Qld, 4895 is a residential property with 4 bedrooms, 2 bathrooms and 5 Parking spaces. The estimated value of this home is $1,515,000. The estimated distance to the sea is only 0.06km and 0.33KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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