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Cooriemungle
VIC, 3268 - Corangamite

Thinking about buying in Cooriemungle? Now could not be a better time, with just 211 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,094,000 with prices in this suburb ranging from $338,000 to $3,140,000. Cooriemungle is located fairly close to the coast at just 5Km 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 $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Cooriemungle Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Cooriemungle due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Cooriemungle 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 Cooriemungle to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Cooriemungle the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Cooriemungle

Ray White 559 TURRONG RD, COORIEMUNGLE, VIC, 3268 Beds3 Bathrooms2 Parking 5 605000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Cooriemungle there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Cooriemungle 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
Jan1.514.722.055.088.25.822.8
Feb1.515.021.060.588.65.719.0
Mar1.514.119.859.688.95.715.0
Apr2.112.518.058.088.65.811.1
May3.310.815.758.787.66.57.7
Jun3.09.013.763.888.35.86.7
Jul3.68.313.261.287.47.17.0
Aug3.88.413.757.987.879.8
Sept2.99.415.554.487.26.813.9
Oct2.210.417.254.488.36.619.4
Nov1.511.618.655.687.46.620.2
Dec1.113.320.657.388.76.124.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WaarrePrincetownCowleys CreekKennedys CreekNewfieldPort CampbellScotts CreekSimpsonPaaratteTimboon

Public Transport


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