Coleraine
VIC, 3315
-
Southern Grampians
Thinking about buying in Coleraine? Now could not be a better time, with 1121 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $284,000 with prices in this suburb ranging from $41,000 to $658,000.
Distance to the coast is 65 Km.
Household Makeup
| Median Weekly Rent | $149.33 |
| Median Monthly Mortgage | $637.00 |
| Median Persons Per Bedroom | 0.63 |
| Average Household Size | 2.00 |
| Average Age | 58.33 |
| Average Income | $518.00 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 7 |
Average Property Prices
| 1 Bed $169,000 |
| 2 Bed $251,000 |
| 3 Bed $291,000 |
| 4 Bed $357,000 |
Coleraine Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Coleraine 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 Coleraine 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 Coleraine 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 Coleraine 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 Coleraine 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.
Housing Stock
Houses for sale Coleraine
|
91 MCKEBERY ST, COLERAINE, VIC, 3315 |  3 |
 1 |
 1 |
$280,000 |
|
|
49-53 CHURCH ST, COLERAINE, VIC, 3315 | |
|
$100,000 |
Local Schools
St Joseph's School
Coleraine Primary School
(While the above schools are located with the suburb of Coleraine there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Coleraine 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.6 | 12.1 | 28.1 | 30.9 | 86.8 | 4.3 | 24.5 |
| Feb | 1.3 | 12.6 | 27.0 | 37.7 | 92.6 | 4.2 | 20.9 |
| Mar | 1.2 | 11.1 | 24.2 | 42.4 | 93.8 | 3.9 | 16.2 |
| Apr | 1.5 | 8.8 | 20.3 | 50.6 | 95.6 | 3.4 | 11.7 |
| May | 2.4 | 7.2 | 16.1 | 64.6 | 96.6 | 3.5 | 8.5 |
| Jun | 2.4 | 5.0 | 13.6 | 73.5 | 97.5 | 3.3 | 7.4 |
| Jul | 3.1 | 5.2 | 13.0 | 75.8 | 98.0 | 4.1 | 7.5 |
| Aug | 2.5 | 5.2 | 14.0 | 66.4 | 97.2 | 4.2 | 10.2 |
| Sept | 2.2 | 6.2 | 16.3 | 59.5 | 97.3 | 4.3 | 14.3 |
| Oct | 1.7 | 7.4 | 19.2 | 54.1 | 96.1 | 4.3 | 19.1 |
| Nov | 1.2 | 8.6 | 21.9 | 45.1 | 93.2 | 4.2 | 22.3 |
| Dec | 1.2 | 10.2 | 25.3 | 38.4 | 90.6 | 4.2 | 25.1 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
General Points of Interest
Points Reserve Arboretum - Less than 5 KM
Coleraine Golf Club - Less than 5 KM
Coleraine Racecourse - Less than 10 KM
Swimming Pool - Less than 2 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!