Thinking about buying in Cooroy Mountain? Now could not be a better time, with just 82 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,863,000 with prices in this suburb ranging from $1,252,000 to $9,734,000. The aproximate distance to the coast is 11 Km.
Median Weekly Rent | $375.00 |
Median Monthly Mortgage | $2402.50 |
Median Persons Per Bedroom | 0.85 |
Average Household Size | 3.00 |
Average Age | 47.00 |
Average Income | $754.50 |
Average Cars Per Dwelling | 2.53 |
Average Properties Within 50M | 1 |
2 Bed  $2,315,000 |
3 Bed  $1,481,000 |
4 Bed  $2,896,000 |
5 Bed  $3,354,000 |
6 Bed+$7,312,000 |
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. Low average incomes in Cooroy Mountain 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. A mix of professions and above average income earners in Cooroy Mountain provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cooroy Mountain 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
430 COOROY MOUNTAIN RD, COOROY MOUNTAIN, QLD, 4563 | 5 | 5 | 15 | THU 24 OCT AT 12:00PM |
Noosa District State High School
Cooroy State School
(While the above schools are located with the suburb of Cooroy Mountain 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 | 5.8 | 22 | 29.0 | 59.6 | 92.2 | 3.2 | 24.5 |
Feb | 10.4 | 21.9 | 28.5 | 61.9 | 93.4 | 3.4 | 21.6 |
Mar | 11.3 | 21.4 | 27.9 | 61.9 | 93.0 | 3.1 | 18.4 |
Apr | 5.7 | 18.2 | 25.9 | 58.4 | 94.2 | 2.7 | 17.1 |
May | 3.7 | 14.8 | 23.6 | 53.8 | 93.2 | 2.2 | 14.4 |
Jun | 2.8 | 13.0 | 21.8 | 51.4 | 88.1 | 2.2 | 12.9 |
Jul | 1.6 | 12.0 | 21.9 | 51.8 | 96.3 | 2.0 | 13.6 |
Aug | 0.9 | 11.6 | 23.4 | 44.0 | 94.2 | 2.0 | 17.0 |
Sept | 1.2 | 14.5 | 24.8 | 47.0 | 92.4 | 2.7 | 21.0 |
Oct | 5.4 | 16.8 | 25.6 | 53.7 | 93.0 | 3.1 | 23.1 |
Nov | 1.9 | 19.2 | 27.5 | 53.6 | 92.4 | 3.3 | 25.8 |
Dec | 5.7 | 20.9 | 28.2 | 60.0 | 92.0 | 3.2 | 24.6 |
source: Australian Government Bureau of Meteorology
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