Coalcliff NSW 2508: Property Market Report & Real Estate Insights

Part of Wollongong, NSW

Coalcliff Real Estate Market Outlook

Thinking about buying in Coalcliff? Now could not be a better time, with just 113 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,082,000 with prices in this suburb ranging from $346,000 to $6,569,000. Coalcliff 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

Living in Coalcliff

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. Incomes in Coalcliff are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Coalcliff provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Coalcliff to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Coalcliff, a charming coastal town nestled between the escarpment and the sea in the Wollongong region of New South Wales, offers a unique blend of natural beauty and a relaxed lifestyle. The housing market in Coalcliff is characterized by its stunning cliffside homes and scenic ocean views, making it an attractive spot for those seeking a tranquil yet visually spectacular place to live. While it's not as bustling as some of the larger cities, the homes here are often surrounded by lush greenery and the calming sound of the waves, which tend to attract buyers looking for a slice of paradise. Prices in Coalcliff can be relatively high compared to other areas in Wollongong, reflecting its exclusivity and the superb quality of life it offers.

Living in Coalcliff provides residents with the opportunity to enjoy an active, outdoor-oriented lifestyle. The town is well-known for its picturesque walking tracks, including the iconic coastal walk along the escarpment, as well as pristine beaches perfect for swimming, surfing, and fishing. The community is tight-knit and friendly, contributing to a strong sense of belonging among its residents. Although it's a smaller town, the proximity to Wollongong and Sydney allows for easy access to urban amenities, including shopping, dining, and entertainment. As a result, Coalcliff strikes a perfect balance between serene coastal living and convenience, making it an ideal location for families, retirees, or anyone looking to escape the hustle and bustle of city life.

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