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Koorooman
VIC, 3953 - South Gippsland

Thinking about buying in Koorooman? Now could not be a better time, with just 71 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $958,000 with prices in this suburb ranging from $491,000 to $1,300,000. The aproximate distance to the coast is 24 Km.

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

Koorooman Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Koorooman driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. 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 Koorooman due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Koorooman 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 Koorooman 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 Koorooman 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

Mary MacKillop Catholic Regional College

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

Koorooman 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
Jan1.213.025.449.093.84.324.5
Feb1.513.225.147.688.14.320.1
Mar1.912.123.449.983.74.015.4
Apr2.29.620.252.985.13.511.3
May3.48.016.861.594.23.78
Jun2.9614.663.391.83.36.8
Jul2.46.013.964.4943.97.4
Aug36.414.560.994.04.210.1
Sept2.97.616.857.994.14.214.1
Oct2.48.518.857.694.34.319.0
Nov2.410.120.457.695.54.522.3
Dec2.211.622.454.295.04.425.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BooroolNerrenaMount Eccles SouthLeongatha NorthWooreenBerrys CreekLeongathaMardanRubyDumbalk

Public Transport


General Points of Interest

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