Thinking about buying in Cooktown? Now could not be a better time, with 2643 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $422,000 with prices in this suburb ranging from $61,000 to $1,907,000. Cooktown 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
Household Makeup
| Median Weekly Rent | $261.00 |
| Median Monthly Mortgage | $1280.33 |
| Median Persons Per Bedroom | 0.98 |
| Average Household Size | 2.33 |
| Average Age | 44.33 |
| Average Income | $713.83 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 5 |
Housing Stock
Average Property Prices
| 1 Bed $343,000 |
| 2 Bed $438,000 |
| 3 Bed $527,000 |
| 4 Bed $691,000 |
| 5 Bed $537,000 |
| 6 Bed+$568,000 |
Cooktown Real Estate Market Outlook
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.
Houses for sale Cooktown
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33 THE ESPLANADE, COOKTOWN, QLD, 4895 |  4 |
 3 |
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FIRM OFFERS ABOVE $1.1 MILLION |
Local Schools
Holy Spirit College
Endeavour Christian College
Cooktown State School
(While the above schools are located with the suburb of Cooktown there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Cooktown 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 | 10.9 | 24.3 | 32.0 | 63.0 | 94.8 | 3.0 | 21.2 |
| Feb | 16.6 | 24.1 | 31.8 | 66.7 | 96.4 | 2.6 | 21.6 |
| Mar | 11.5 | 24.1 | 30.7 | 68.7 | 95.9 | 3.1 | 20.5 |
| Apr | 6.6 | 23.2 | 29.4 | 66.6 | 92.8 | 4.2 | 20.1 |
| May | 1.0 | 21.8 | 27.8 | 63.7 | 89.2 | 4.9 | 17.7 |
| Jun | 0.5 | 19.0 | 27 | 60.8 | 90.9 | 4.2 | 17.8 |
| Jul | 0.7 | 19.4 | 26.9 | 61.1 | 90.8 | 4.3 | 17.5 |
| Aug | 0.4 | 17.8 | 26.9 | 54.6 | 91.5 | 4.4 | 20.6 |
| Sept | 0.3 | 21.3 | 29.1 | 53.0 | 86 | 5.3 | 22.2 |
| Oct | 1.8 | 22.2 | 30.3 | 57.1 | 89.2 | 4.8 | 23.6 |
| Nov | 1.9 | 24.1 | 32.2 | 54.4 | 90.7 | 4.4 | 25.0 |
| Dec | 5.9 | 24.2 | 32.5 | 54.9 | 90.8 | 4.2 | 25 |
source: Australian Government Bureau of Meteorology
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