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Coolatai
NSW, 2402 - Gwydir

Thinking about buying in Coolatai? Now could not be a better time, with just 145 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $940,000 with prices in this suburb ranging from $17,000 to $4,687,000. The aproximate distance to the coast is 239 Km.

Household Makeup

Median Weekly Rent $196.67
Median Monthly Mortgage $888.33
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 43.00
Average Income $575.00
Average Cars Per Dwelling 2.53
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $100,000
2 Bed  $262,000
3 Bed  $292,000
4 Bed  $530,000

Coolatai Real Estate Market Outlook

In Coolatai 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 Coolatai 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 Coolatai 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 Coolatai 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 Coolatai 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.

Coolatai 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
Jan3.117.730.837.686.63.125.0
Feb3.016.429.538.088.62.823.2
Mar3.115.628.636.688.32.718.4
Apr1.611.323.938.988.42.616.4
May1.37.119.542.291.82.312.8
Jun1.55.416.944.492.42.410.8
Jul1.63.415.939.692.52.412.2
Aug1.44.218.131.986.12.614.9
Sept1.87.420.436.988.32.818.3
Oct2.911.124.434.987.42.822.0
Nov2.813.927.832.281.63.026.0
Dec4.215.22744.691.42.824.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

19-01-2024 $9,000,000 49 KEMPS RD
18-12-2023 $266,000 4 WALLANGRA RD
27-11-2023 $9,000 5 YETMAN ST
08-09-2023 $248,000 3 YETMAN ST
09-05-2023 $3,582,950 393 AGINCOURT RD
12-12-2022 $4,348,260 1017 COOLATAI RD
08-09-2022 $249,000 270 OTTLEY RD
02-09-2022 $305,000 5 HOTEL LANE
12-05-2022 $1,775,000 5160 WARIALDA RD
21-02-2022 $155,000 17 YETMAN ST
24-01-2022 $7,000,000 585 KEMPS RD
24-12-2021 $2,100,000 3747 WARIALDA RD
15-04-2021 $215,000 3 WARIALDA RD
18-09-2020 $92,500 125 TWIN CREEK RD
28-08-2020 $2,570,031 49 KEMPS RD
26-06-2020 $3,450,000 813 YALLAROI RD
07-04-2020 $8,500 13 BACK LANE
27-03-2020 $40,000 11 BACK LANE
28-10-2019 $213,000 16 WARIALDA RD
20-04-2018 $15,500 11 BACK LANE
16-11-2017 $85,000 125 TWIN CREEK RD
02-11-2017 $1,200,000 898 AGINCOURT RD
27-10-2017 $725,000 1210 ROCKY SPRINGS RD
09-06-2017 $130,000 23 BACK LANE
09-06-2017 $130,000 27 WARIALDA RD
02-06-2017 $25,000 17 BACK LANE
24-05-2017 $78,000 87 TWIN CREEK RD
22-12-2016 $31,000 11 BACK LANE
01-12-2016 $6,000 6 WALLANGRA RD
07-10-2016 $145,000 183 TWIN CREEK RD
21-09-2016 $5,700,000 814 YALLAROI RD
03-06-2016 $1,200,000 493 ROCKY SPRINGS RD
23-05-2016 $142,983 5 HOTEL LANE
22-04-2016 $60,000 299 OTTLEY RD
07-04-2015 $100,000 23 WARIALDA RD
26-03-2014 $12,250 11 BACK LANE
05-11-2013 $85,000 4 WALLANGRA RD
13-03-2013 $35,500 17 WARIALDA RD
07-03-2013 $600,000 8601 YETMAN RD
13-04-2012 $70,000 18 WARIALDA RD
08-06-2011 $74,000 87 TWIN CREEK RD
24-03-2011 $132,500 5 HOTEL LANE
03-12-2010 $520,000 3843 WARIALDA RD
22-10-2010 $550,000 8601 YETMAN RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WallangraBlue NobbyBalfours PeakYallaroiWarialdaGramanLimestoneYetmanGraginAtholwood


General Points of Interest

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