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Coolac
NSW, 2727 - Cootamundra-Gundagai Regional

Thinking about buying in Coolac? Now could not be a better time, with just 214 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,147,000 with prices in this suburb ranging from $75,000 to $6,031,000. The aproximate distance to the coast is 188 Km.

Household Makeup

Median Weekly Rent $190.60
Median Monthly Mortgage $1311.20
Median Persons Per Bedroom 0.72
Average Household Size 2.80
Average Age 43.20
Average Income $841.80
Average Cars Per Dwelling 2.36
Average Properties Within 50M 4

Housing Stock

Average Property Prices

3 Bed  $1,137,000
4 Bed  $1,137,000
6 Bed+$1,137,000

Coolac Real Estate Market Outlook

In Coolac 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 Coolac 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. Low average earnings from people in Coolac leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Coolac 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.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Coolac 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.

Coolac 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
Jan1.115.533.623.082.63.627.2
Feb2.715.030.232.086.43.523.1
Mar2.712.326.938.190.93.118.4
Apr1.37.322.342.794.72.614.9
May1.23.017.450.696.62.511.1
Jun2.02.113.961.597.42.59.1
Jul1.90.613.261.398.72.49.4
Aug1.30.514.552.698.12.612.4
Sept1.62.318.344.996.22.917.4
Oct1.45.723.136.794.43.122.3
Nov2.89.627.230.691.73.125.0
Dec2.212.730.424.585.13.427.9

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

17-07-2023 $370,123 252 SANDY FALLS RD
05-01-2023 $160,000 312 SANDY FALLS RD
09-12-2022 $430,000 46 SCHOOL RD
07-06-2022 $580,000 477 COOLAC RD
04-05-2022 $4,000,000 477 ILLAWONG RD
04-04-2022 $450,000 479 COOLAC RD
03-08-2021 $260,000 117 COOLAC RD
12-04-2021 $280,000 252 SANDY FALLS RD
11-01-2021 $430,000 273 COOLAC RD
01-10-2020 $275,000 17 SCHOOL RD
19-06-2020 $120,000 254 SANDY FALLS RD
19-09-2019 $76,000 477 COOLAC RD
01-02-2019 $700,000 389 ILLAWONG RD
18-12-2018 $3,800,000 23 MINGAY RD
15-06-2018 $217,000 171 COONEYS CREEK RD
26-04-2018 $12,500 369 SANDY FALLS RD
08-09-2016 $340,000 479 COOLAC RD
12-04-2016 $80,000 6 SCHOOL RD
30-03-2016 $2,457,234 420 COOLAC RD
22-01-2016 $370,000 33 MUTTAMA RD
22-01-2016 $580,000 171 COONEYS CREEK RD
30-06-2015 $1,800,000 7440 HUME HWY
24-12-2014 $1,831,821 669 COGGANS RD
05-09-2014 $2,639,160 495 MINGAY RD
15-05-2012 $470,000 3 COONEYS CREEK RD
07-05-2012 $25,000 369 SANDY FALLS RD
28-01-2011 $310,000 33 MUTTAMA RD
29-10-2008 $75,000 369 SANDY FALLS RD
22-08-2008 $756,000 8276 HUME HWY
21-06-2007 $75,000 203 GOBARRALONG RD
05-12-2006 $350,000 360 SANDY FALLS RD
15-12-2004 $86,000 10 MOUNT ST
11-05-2004 $9,000 93 HOARES LANE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GobarralongMuttamaJugiongDarbalaraGundagaiJones CreekRenoBurra CreekCooneys CreekSouth Gundagai

Public Transport


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